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GameStop’s stock surges while Nike shares struggle after latest results

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CHICAGO, ILLINOIS – MARCH 16: A GameStop store operates in a strip mall on March 16, 2023 in Chicago, Illinois.


Scott Olson/Getty Images

Here were some of the more active stocks in premarket trade Wednesday, as investors waited for the Federal Reserve to announce its latest interest rate decision.

Stock gainers:

GameStop shares
GME,
+4.62%

jumped 43% as the gaming retailer unexpectedly posted a profit in the fourth quarter on nearly flat sales. Shares of fellow meme stocks AMC Entertainment Holdings Inc.
AMC,
+3.28%

and Bed, Bath and Beyond Inc.
BBBY,
+0.98%

also rose.

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