GameStop, the video game retailer that became famous as an investment in the height of the Covid-19 pandemic, is making another run after reporting earnings earlier this week. It raises the question of whether meme stocks–names like GameStop,

Video game retailer GameStop (GME) is popping on in after-hours trading after releasing third quarter earnings, posting net sales of $860.3 million and adjusted earnings per share of $0.06. GameStop and fellow meme stock AMC Entertainment (AMC) got a momentary stock boost last week after retail trader Keith Gill — known as "Roaring Kitty" on social media — made a post on X.

Meme stocks like AMC and GameStop get their price spikes from strong buying interest. GameStop reported its third quarter results after the close Tuesday, a key event for meme traders. Sales of $860 million on a loss of 4 cents per share missed analysts' estimates of $887.