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Benzinga
Benzinga
Business
Henry Khederian

Here's Why AMC And GameStop Shares Are Falling

AMC GameStop NYSE AMC Entertainment AMC Entertainment Holdings Inc GameStop Corp GME

AMC Entertainment Holdings Inc (NYSE:AMC) and GameStop Corp. (NYSE:GME) shares are trading lower, possibly on profit-taking, after both stocks rallied this week.

GameStop shares were otherwise trading sharply higher Wednesday after Chairman Ryan Cohen purchased 100,000 additional shares of the company’s common stock. AMC Entertainment shares were also trading higher during Wednesday’s session on above-average volume amid an increase in retail investor interest.

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