Meme stocks fall amid broad market sell-off on Monday
Shares of Gamestop and AMC Entertainment Holdings Inc. fell sharply on Monday, as investors are dropping off risky assets, amid a broad market sell-off
By Yashasvini Razdan
Published - Dec 13, 2021, 09:33 PM ET
Last Updated - Jul 09, 2024, 12:17 AM EDT
• Gamestop and AMC Entertainment Holdings Inc. fell sharply on Monday
• Gamestop fell by 12% while AMC fell by nearly 17% during midday trading
Shares of Gamestop and AMC Entertainment Holdings Inc. fell sharply on Monday, as investors are dropping off risky assets, amid a broad market sell-off.
GameStop, tumbled more than 12% during midday trading. Its month-to-date losses were brought down to nearly 29%. Shares of AMC fell 17%, as their monthly decline fell to over 32%, reaching their lowest level since June.
