Here are some of the big movers in the stock market on Wednesday:
1. AMC Entertainment | Percentage Increase 301%
The country’s biggest movie theater chain has been decimated by the coronavirus pandemic, which closed theaters for months and kept viewers at home.
2. Bed Bath & Beyond | Percentage Increase 43.45%
Bed Bath & Beyond (BBBY) - Get Report climbed even after being downgraded at Wedbush and Baird, bringing the number of ratings cuts to at least four this week as analysts reacted to the home-goods retailer's recent stock-price surge.
Trading was briefly halted shortly after the market opened on Wednesday.
3. GameStop | Percentage Increase 135%
Shares of videogame retailer GameStop (GME) - Get Report shares rocketed to an all-time high Wednesday, fueled in part by retail investors in a Reddit-based chatroom known as "Wallstreetbets," where traders share tips, opinions and hype for the stocks they invest in.
An active thread on GameStop currently has around 38,000 comments.
4. Express | Percentage Increase 214%
The company hired investment bank Lazard Frères to help raise enough financing to get the fashion retailer through the coronavirus pandemic, The Wall Street Journal reported last month.