Jim Cramer's 'Meme' Stock Update: AMC, GameStop

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GameStop  (GME) - Get GameStop Corp. Class A Report and AMC  (AMC) - Get AMC Entertainment Holdings, Inc. Class A Report caught Cramer's attention Tuesday with both stocks surging upwards of 20% each without a clear news catalyst.

Roughly 14 million GameStop shares traded, more than 10 times the amount typically traded over the past five sessions, per Bloomberg. Over 200 million shares of AMC stock traded, marking the stock's largest trading volume since mid-June.

As of intraday trading Wednesday, GameStop was up 0.49% to $211.31 and AMC was up 3.98% to $46.02.  

Catch Cramer's latest thoughts on both GameStop and AMC in the video above. 

Recap TheStreet Live: Everything Jim Cramer Is Watching 8/25/21

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