AMC, SNDL, BB, NAKD, GME, CTRM Stock Prices Increase Pre-Market

By Amit Chowdhry ● June 7, 2021
  • The stock prices of a group of stocks that are favored by retail investors on various social media platforms have increased pre-market. These are the details.

AMC Entertainment Holdings Inc (NYSE: AMC) — Over 1% Increase

The stock price of AMC Entertainment Holdings Inc (NYSE: AMC) increased by over 1% pre-market. In a research note, B Riley analyst Eric Wold acknowledged that AMC is building a “strategic war chest.”

“In addition to our continued expectation that AMC could improve its balance sheet and future cash flows through debt repurchases/pay-downs, we could now see either acquisitions of smaller exhibitor chains or the takeover of leases from troubled chains,” said Wold in the note via Bloomberg.

Sundial Growers Inc (NASDAQ: SNDL) — Over 3% Increase

The stock price of Sundial Growers Inc (NASDAQ: SNDL) increased by over 3% pre-market. There is no company-specific news from Sundial.

BlackBerry Ltd (NYSE: BB) — Over 3% Increase

The stock price of BlackBerry Ltd (NYSE: BB) increased by over 3% pre-market. There is no company-specific news from BlackBerry.

Naked Brand Group Ltd (NASDAQ: NAKD) — Over 6% Increase

The stock price of Naked Brand Group Ltd (NASDAQ: NAKD) increased by over 6% pre-market. There is no company-specific news from Naked Brand Group.

GameStop Corp. (NYSE: GME) — Over 1% Increase 

The stock price of GameStop Corp. (NYSE: GME) increased by over 1% pre-market. Yesterday, The Wall Street Journal published a profile piece about GameStop citing the company’s loyal shareholders being in for the long haul rather than the memes.

Castor Maritime Inc (NASDAQ: CTRM) — Over 2% Increase

The stock price of Castor Maritime Inc (NASDAQ: CTRM) increased by over 2% pre-market. There is no company-specific news from Castor Maritime.

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