/cloudfront-us-east-2.images.arcpublishing.com/reuters/OWXY4ERELVIJDMCO3F6D4W3X5U.jpg?fit=%2C&ssl=1 "AMC, other ‘meme’ stocks jump; regulator signals concern")
An AMC theater is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, US, January 27, 2021. REUTERS / Carlo Allegri / File Photo
Shares of AMC Entertainment Holdings Inc (AMC.N) and other “meme stocks” jumped on Monday, extending a rally in social-media favorites into a third week as message boards hummed with talk of squeezing Wall Street short-sellers.
The sharp gains prompted the US Securities and Exchange Commission to say it was looking into signs of market manipulation given the “volatility in certain stocks.”
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