The stocks leading the NYSE‘s biggest losers list early Tuesday were those heavily shorted ones that were pulling back from their recent rocket rides. Shares of GameStop Corp.
were the biggest decliners, shedding 49.3% in morning trading, after sliding 30.8% on Monday. The stock has now lost 67.1% since closing at a record $347.51 on Jan. 27, but has still rocketed 961.4% over the past three months. The second and third biggest NYSE losers were shares of AMC Entertainment Holdings Inc.
down 39.5%, and Express Inc.
down 32.3%. On the Nasdaq exchange, the biggest decliner was Koss Corp.’s stock
which tumbled 43.7%. The pullbacks in these stocks comes in the face of a broader market rally, with the Dow Jones Industrial Average
surging 351 points, or 1.2%.