GameStop Corp. GME – 8.92% shares dropped 10.6% during active morning trading on Thursday. This put an end to the rally that resembled a “meme” in the previous two sessions. The trading volume of 9.0 million shares was already higher than the average full-day volume over the last 30 days, which is about 5.4 millions shares. investors made bullish bets in anticipation of next week’s third-quarter results. This two-day increase was the largest gain in eight months and followed the stock closing Monday at its lowest price since Feb 2021. AMC Entertainment Inc., which operates movie theaters, saw its stock AMC -5.37 % ,, fall 5.3% during morning trading on Thursday. This brought it to within reach of the record low set by AMC Entertainment Inc. in November. According to the latest data from the exchange, short interest, or bearish betting on GameStop’s stock, represented 22,8% of the public flotation, or the shares that are available for public trading. AMC stock had a short interest of 11.5%. Stocks fell Thursday as the S&P 500 SPX, -0.19% edged 0.1% lower.