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AMC Entertainment is cashing in on the revival of the meme stock trade.The struggling theater chain raised $250 million of "new equity capital" through the sale of 72.5 million shares on Monday ...
On Tuesday, AMC reported it had sold 8.5 million newly issued shares to Mudrick Capital, the latest in a series of capital raises for the stock, a favorite of Reddit traders.
GameStop and AMC were among the top ten securities with highest options volume by 11:15 a.m. EDT (1515 GMT), with the majority of traders buying call options, which bet on a stock's rise, data ...
AMC Entertainment Holdings, Inc. (NYSE: AMC) shares have seen wild swings in a Reddit-driven rally, and the meme stock could be in for a big correction, according to an analyst at LightShed ...
r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where participants discuss stock and option trading. It has become notable for its colorful jargon, aggressive trading strategies, stories of extreme gains and losses acquired in the stock market, and for playing a major role in the GameStop short squeeze that caused significant losses for a number of US hedge funds and ...
AMC stock , a retail trader favorite during the meme stock craze of 2021, fell 3% to close at a record low of $4.55 per share on Friday. At its lows of the day the stock was down more than 11%.
The subreddit r/wallstreetbets is an online community on Reddit, a social news website. ... and a profit of $50 million writing call options on AMC and GameStop stock
A better-than-expected earnings report sent shares of the company surging in after-hours trading, though that enthusiastic response is to be expected given AMC’s new status as a meme stock.