Carl Quintanilla, David Faber and Mike Santoli led off the show with another day of "meme stock madness": Shares of AMC Entertainment soaring for a second consecutive session. CEO Adam Aron reaching out to retail shareholders by unveiling "AMC Investor Connect", which includes perks such as free popcorn and special rewards for AMC shareholders who patronize the company's theaters in the United States. The anchors also reacted to what prominent media investor Mario Gabelli told CNBC about investor reaction to AMC. Also on the theater front, Goldman Sachs downgraded IMAX and Cinemark to "Sell" from "Neutral." Carl, David and Mike also discussed the latest saga involving Elon Musk and the SEC: Regulators reportedly told Tesla once in 2019 and once in 2020, that it had failed to properly approve tweets by Musk on two occasions. Zoom Video also in focus after the company's better-than-expected quarterly results and upbeat guidance. The anchors and an analyst who covers Zoom explored what's next for both the stock and the work-from-home trade. KBW CEO Tom Michaud joined the program to discuss the rally in bank stocks, which have tripled the performance of the S&P 500 so far this year. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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Squawk on the Street