A woman walks past the GameStop store inside the Susquehanna Valley Mall. An online group sent share prices of GameStop (GME) and AMC Entertainment Holdings Inc. (AMC) soaring in an attempt to squeeze short sellers.
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Check out the companies making headlines in midday trading.
Costco The retailer's share price rose less than 1% after the company said same-store sales jumped 16% during March. Costco said that online sales rose 57.7% year over year, while net sales for the retail month of March came in at $18.21 billion, up from $15.49 billion in the same period a year ago.
Constellation Brands Shares of the spirits maker slid 4% despite Constellation Brands beating top and bottom line estimates during the fourth quarter. The company earned $1.95 per share on $1.95 billion in revenue. Analysts surveyed by Refinitiv expected the company to earn $1.55 per share on $1.87 billion in revenue.