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Shares of AMC Entertainment and GameStop dropped further in early trading on Tuesday, extending declines that have helped short sellers recover more than $1 billion in losses in December.Both companies were at the heart of the meme stocks phenomenon earlier this year, when individual investors coordinated on online message boards to fuel stunning rallies that cost short sellers billions of dollars.Theater chain AMC dropped 8% to a new 7-month low at $21.31 and were on track for a fourth day of l

GameStop Corp. widened its loss and posted revenue growth last quarter as it continued efforts to revitalize its business under a recently overhauled executive team and board of directors.Despite the lingering pandemic and a shortage of new gaming consoles from Microsoft Corp. and Sony Group Corp., GameStop reported increased hardware and collectibles sales. However, its software sales fell around 2% from a year earlier during the quarter.Shares in GameStop fell nearly 5% after the announcement

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