Check out the companies making headlines before the bell.

• AMC Entertainment, GameStop – AMC and GameStop shares posted fell in early morning trading as momentum fizzled from the meme stock craze, which was reignited Monday by a social media reappearance from “Roaring Kitty.” AMC shares were down more than 7% after the movie theater chain announced it will issue more than 23 million shares “in exchange for $163,850,000 aggregate principal amount of its 10%/12% Cash/PIK Toggle Second Lien Subordinated Notes due 2026.” GameStop shares slid 6%.
• Nio – Shares advanced 3.3% after JPMorgan upgraded the Chinese electric vehicle maker to neutral from underweight. The stock, which has soared over the past month, could benefit from Chinese government stimulus policy and Nio’s latest battery as a service (BaaS) strategy, which could drive sales, the bank said.
• Dell – The technology company rose about 2% after Morgan Stanley raised its price target on the stock. The bank said that Dell is “gaining momentum” with enterprise clients, including for AI server demand.

For the full list, read here.

— Pia Singh