2/25, 3:47 AM (Source: TeleTrader)
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Reddit-backed shares continue rally in after hours

Individual investors gathered around social news platform Reddit continued to push shares of several companies, including GameStop and AMC Entertainment, higher in after-hours trading to extend gains recorded during Wednesday's session.

According to Downdetector, Reddit users across the globe said they were unable to reach Reddit after the closing bell on Wall Street, especially people from Los Angeles and Toronto.

GameStop surged 83.19% at 7:59 pm ET to trade at $168 per share, while AMC Entertainment advanced 21.89% concurrently to go for $11.08 per share.

Breaking the News / GA