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Shares of both AMC Entertainment Holdings Inc. and GameStop Corp. traded well above levels that had capped previous rallies and reached multi-month highs in intraday trading Tuesday, before pulling back later in the session.
The intraday rallies come after Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners, said the two “meme” stocks made his list of the 25 most “squeezable” U.S. stocks, or those that are most susceptible to a short-covering rally.
AMC’s…
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