Stocks to Watch Friday: Reddit, GameStop, Take-Two
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Take-Two, a videogame company, revised its annual forecast downward. Meanwhile, Reddit signed a licensing deal with OpenAI, resulting in a more than 10% increase in its shares in premarket trading. Similarly, GameStop and AMC stocks rebounded after recent declines, with GameStop rising nearly 10% and AMC adding 8% before the market opened. This resurgence reflects a return of the pandemic-era meme trade.
