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People are going back to the movies, which is good news for the long-term health of the world’s largest movie theater chain, AMC Entertainment (NYSE:AMC). Dismissed by analysts who said its ...
AMC Entertainment stock tanked more than 20% on Wednesday morning after the cinema chain announced plans to sell up to 40 million shares.The company said it plans to use the proceeds “to bolster ...
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AMC also executed a 10-for-1 reverse stock split at the time. AMC CEO Adam Aron previously said the stock conversion was crucial to AMC having proper cash balances in 2024 and 2025.
The chain got some unexpected help from day traders and Reddit users that picked AMC as part of a campaign to boost the stock of companies that were being short-sold, allowing the company to use ...
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AMC CEO Adam Aron previously said the stock conversion was crucial to AMC having proper cash balances in 2024 and 2025. "AMC should now be able to raise additional equity capital," Aron wrote in a ...
A judge on Friday blocked a proposed settlement on AMC Entertainment Holdings’ stock conversion plan that would allow the company to issue more shares, sending its common shares soaring and ...