AMC, BB, BBW, KOSS, EXPR, CLOV, GME Stocks Gain: Details

By Amit Chowdhry ● June 22, 2021
  • The stock prices of AMC, BB, BBW, KOSS, EXPR, CLOV, and GME have all gained today. These are the details.

The stock prices of AMC, BB, BBW, KOSS, EXPR, CLOV, and GME have all gained today. These stocks are part of a group that is favored by retail investors who are active on social media platforms like Reddit, StockTwits, Discord, etc. Oftentimes, the stock prices increase as a group when one of them has a positive catalyst that day. Here is more information about the stock gains.

— AMC Entertainment Holdings Inc (NYSE: AMC) increased 4.63% today, going from a previous close of $55.69 to $58.27. There is no company-specific news from AMC.

— BlackBerry Ltd (NYSE: BB) increased 4.77% today, going from a previous close of $12.80 to $13.41. Yesterday morning, BlackBerry announced that leading independent research firm Strategy Analytics determined BlackBerry QNX software is now embedded in over 195 million vehicles, an increase of 20 million from the year before.

— Build-A-Bear Workshop, Inc (NYSE: BBW) increased 2.92% today, going from a previous close of $16.77 to $17.26. There is no company-specific news from Build-A-Bear Workshop. 

— Koss Corporation (NASDAQ: KOSS) increased 5.49% today, going from a previous close of $22.75 to $24. There is no company-specific news from Koss.

— Express, Inc. (NYSE: EXPR) increased 11.13% today, going from a previous close of $4.85 to $5.39. There is no company-specific news from Express.

— Clover Health Investments (NASDAQ:CLOV) increased 12.37% today, going from a previous close of $11.24 to $12.63. Investors responded positively to the company filing an amendment to a preliminary prospectus for issuing Class B shares. And the amendment acknowledged the momentum around the company stock due to speculation that the current stock price is the result of a short squeeze.  

— GameStop Corp. (NYSE: GME) increased 10%, going from a previous close of $200.37 to $220.40. Investors responded positively to the company announcing that it has completed its previously announced “at-the-market” equity offering program. GameStop had disclosed on June 9, 2021 that it filed a prospectus supplement with the SEC to offer and sell up to a maximum of 5,000,000 shares of its common stock from time to time through the ATM offering. And the company ended up selling 5 million shares of common stock and generated aggregate gross proceeds before commissions and offering expenses of approximately $1.126 billion.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.