This week's meme stock rally was set to take pause Thursday. Shares of GameStop and AMC Entertainment, both popular with Reddit traders, were under pressure in the premarket. However, GameStop surged nearly 16% on Wednesday and almost 44% in the past month. AMC soared 19% on Wednesday and 70% over the past month. (CNBC)
IN THE NEWS TODAY
Major bank CEOs are set to face a second round of grilling by lawmakers as they testify before the House Financial Services Committee today. There were fireworks at the Senate Banking Committee's hearing Wednesday when Sen.
Elizabeth Warren went after JPMorgan Chase's
Jamie Dimon concerning overdraft fees during Covid. (Reuters)