(Reuters) -Retail traders powered a nearly 20% jump in GameStop shares to a two-month high in regular trading on Wednesday, extending a rally ahead of the company's quarterly results next week and underscoring a return in appetite for risk. "Speculation is back ... and GameStop is ground zero for speculation," Steve Sosnick, chief strategist at Interactive Brokers, said. AMC Entertainment and Cathie Wood's ARK Innovation ETF - other favorites among retail traders - were up nearly 3.5% and 0.5%, respectively.
AMC Entertainment, DocuSign, Vivid Seats, Lamb Weston and Fiverr International have been highlighted in this Screen of The Week article.
Investing.com -- GameStop (NYSE:GME) shares surged in heavy premarket volumes on Wednesday, putting it on course for its best performance since March as a rally in a stock favored by many retail traders gathers pace.