Why AMC, GameStop, and Sundial Growers Shares Are All Lower Today
Shares of meme stocks AMC Entertainment Holdings (NYSE: AMC), GameStop (NYSE: GME), and Sundial Growers (NASDAQ: SNDL) were all heading lower in morning trading Wednesday, with the theater operator down 4%, the video game retailer off over 1%, and the marijuana company falling 3.5%. The three companies have failed to maintain any sort of momentum from their earlier bull runs, and calls for retail investors to stand strong are not resonating as much as they did previously during the share-buying frenzy of January.