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AMC jumps more than 18%, other ‘meme stocks’ mixed

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Reuters

(Reuters) -Shares of AMC Entertainment Holdings shot higher on Monday, setting the stage for another week of roller-coaster trading in shares of the theater chain operator and other retail investor favorites. AMC’s shares were recently up 18.3% at around $58.50 after edging 3% higher last week. The company said in a filing last week that over 80% of its shares were held by retail investors. Rallies in AMC and video game retailer GameStop, as well as a fresh crop of so-called meme stocks – companies popular with retail investors congregating on forums such as Reddit’s WallStreetBets – have brea…

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