Shares of GameStop (NYSE: GME) are down 1% in late morning trading Tuesday after opening the day almost 4% higher. This followed the chairman and CEO of AMC Entertainment (NYSE: AMC) saying he was pursuing a collaboration with the video game retailer.
GameStop and AMC are the two premiere meme stocks on the market. Their shares were driven 1,000% higher due to the trading frenzy that broke out earlier this year.
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Source Fool.com