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Zenger
Zenger
Technology
Melanie Schaffer

GameStop Lags AMC As Court Rejects Settlement, Setting Stage For Potential Reversal

GameStop Corporation was popping higher Monday, lagging AMC Entertainment Holdings, Inc, which was surging over 35% following news a court rejected the company’s proposed settlement offering with sharehZenger News. LINDSEY NICHOLSON/GETTY IMAGES 

GameStop Corporation (NYSE: GME) was popping higher Monday, lagging AMC Entertainment Holdings, Inc, which was surging over 35% following news a court rejected the company’s proposed settlement offering with sharehZenger News.

The video game retailer is being held down within a falling channel pattern on the daily chart and is also working to print an inside bar formation.

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