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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%.
AMC has received warrants to purchase at least 20 million shares or the equivalent of 50.1% of the company. The time frame for exercising those warrants is open-ended, AMC said. [31] On November 15, 2016, AMC acquired a minority stake in comedy video website and film and television production company Funny or Die, with plans to integrate it ...
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 ...
AMC stock jumped as much as 9% in early trading on Thursday after the theater chain announced it received approximately $325.5 million of new equity capital through the sale of 40 million shares.
AMC became a retail trade favorite last year during the "meme stock" phenomenon. The company has raised money through offerings as its share price soared in 2021 thanks to retail investors.
Stocktwits is a social media platform designed for sharing ideas between investors, traders, and entrepreneurs. [1] Founded in 2008 by Howard Lindzon and Soren McBeth, it introduced the use of the cashtag, a way to group discussions around a stock symbol preceded by a dollar sign. [2]
AMC's (AMC) stock soared 45% on Monday. Shares closed at $29.33 each, above their highest closing level of the year in early January.
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