As AMC Entertainment stock surges 20%, SEC says it’s watching memes for ‘disruptions of the market, manipulative trading, or other misconduct’

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The SEC said it is closely monitoring frenetic moves in the stock market amid the stratospheric surge in $AMC and $GME. AMC is surging nearly 17%, and is up over 2,600% in the year to date.

The U.S. Securities and Exchange Commission warned Monday that it is closely monitoring frenetic moves in the stock market, amid the stratospheric surge in values of meme stocks AMC Entertainment and GameStop Corp.

The regulatory statement comes as AMC Entertainment Holdings AMC, +14.32% is surging 20% on Monday, which is up over 2,600% in the year to date. Meanwhile, shares of GameStop Corp. GME, +9.55% are over 12% and have climbed almost 1,400%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Gee, you don’t say...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Interactive Brokers founder: Don't short AMC, meme stocks — they can soar to 'unimaginable highs''These prices can go to unimaginable highs before they settle down to a reasonable valuation,' Interactive Brokers' Thomas Peterffy told CNBC on Monday. Thomas Peterffy chuckled at the leading unsophisticated investor question. It's funny to see CNBC legit had a meeting beforehand talking about ways to try and get a 'gotcha' headline. Lol. Warn going against it, instead of talking about what actually this sort of crap brings to markets perception and warning against looking at these kinds of investments! Friggin clowns u all are lol. Oh, unless ure all in and pumping the stock-oh wait, that would be illegal! You con’t to sound more unprofessional & uneducated with your questioning! You’re basically trying to get someone to say retail investors (Hard-working people globally) are pretty much dumb investors?!
Source: CNBC - 🏆 12. / 72 Read more »

We put AMC, GameStop and other meme stocks’ numbers to the test — here’s which ones came out on topAMC, GameStop and Nokia are lumped together, but not all meme stocks are alike — whether you are a day-trader or a long-term investor. Up 1000% YTD... Sound good to me investinyou AMC500k amcshortsqueeze NakedShorts GMESqueeze I didn't invest in Google because I thought it was a 'fad.' I was wrong but not sorry. I got to sleep at night.
Source: MarketWatch - 🏆 3. / 97 Read more »

Interactive Brokers founder: Don't short AMC, meme stocks — they can soar to 'unimaginable highs''These prices can go to unimaginable highs before they settle down to a reasonable valuation,' Interactive Brokers' Thomas Peterffy told CNBC on Monday. Thomas Peterffy chuckled at the leading unsophisticated investor question. It's funny to see CNBC legit had a meeting beforehand talking about ways to try and get a 'gotcha' headline. Lol. Warn going against it, instead of talking about what actually this sort of crap brings to markets perception and warning against looking at these kinds of investments! Friggin clowns u all are lol. Oh, unless ure all in and pumping the stock-oh wait, that would be illegal! You con’t to sound more unprofessional & uneducated with your questioning! You’re basically trying to get someone to say retail investors (Hard-working people globally) are pretty much dumb investors?!
Source: CNBC - 🏆 12. / 72 Read more »

Tesla, Liminal BioSciences, BlackBerry, Stitch Fix: What to Watch When the Stock Market Opens TodaySeveral “meme stocks” popular with retailer traders nudged higher premarket, including AMC, GameStop and BlackBerry You put Tesla in a list of meme stocks that people bought for fun? Is Apple a meme stock too? We know that you're getting paid by Ford,GM etc in order to trash them, but that's just ridiculous even for your corruption .Tell your donors to try to compete instead. It's pronounced 'stonks'
Source: WSJ - 🏆 98. / 63 Read more »

We put AMC, GameStop and other meme stocks’ numbers to the test — here’s which ones came out on topAMC, GameStop and Nokia are lumped together, but not all meme stocks are alike — whether you are a day-trader or a long-term investor. Up 1000% YTD... Sound good to me investinyou AMC500k amcshortsqueeze NakedShorts GMESqueeze I didn't invest in Google because I thought it was a 'fad.' I was wrong but not sorry. I got to sleep at night.
Source: MarketWatch - 🏆 3. / 97 Read more »