GameStop Drops 6%, AMC Rallies 6% in Meme Stock Divergence
GameStop shares fell about 6% to $20.42 after it agreed to exchange roughly $1.4B of 0% convertible notes for new Class A shares, with no cash proceeds. AMC shares rose about 6% to $2.97 on a record weekend tied to Spider-Man: Brand New Day, with about $927M global opening. BlackBerry was down about 1% to $8.41.



