Shares of GameStop Corp. and AMC Entertainment Holdings Inc. lost as much as 15% during Thursday's premarket hours as the rally that boosted the company's stock at the start of the week continued to fade.
The two-day frenzy was sparked following the comeback of trader Keith Gill, also known as "Roaring Kitty" to social media.
At 7:17 am ET, GameStop lost 14.84%, going for $33.68, while AMC's stock slipped 14.96% to trade at $4.67 a piece simultaneously.