GameStop and Clover Health rise in early US pre-market trades by Reuters

© Reuters.

© Reuters. FILE PHOTO: The GameStop store sign is seen at their Westminster store

(Reuters) – Shares of video game retailer GameStop Corp (NYSE 🙂 and insurance company Clover Health rose 3.5% and 4.1%, respectively, in early US pre-market trading on Friday. . Clover Health had plunged 12% on Thursday after short-selling specialist Hindenburg Research published a report critical of the Chamath Palihapitiya-backed company. Shares of GameStop have now tumbled to around $ 53 after climbing to $ 483 last week in a rally fueled by amateur traders on social media forums like Reddit’s WallStreetBets. It is still up 177% from the levels at the start of the rally.

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