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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 ...
Tuesday morning, AMC announced it had raised $250 million off the run-up in its stock value from the near-doubling of its share price Monday (though it was just $3 to $5 per share). It's likely ...
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It most certainly wasn’t the next Tesla,” a retailer trader who sells stock market inspired clothing and home goods, told Yahoo Finance. AMC fell to about $16 a share in January of last year ...
AMC Entertainment Holdings, Inc (NYSE:AMC) stock is trading lower Friday, like other popular retail trader stocks, also called the ‘meme stocks,’ in sympathy with GameStop Corp (NYSE:GME).
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 moved lower on Cineworld's bankruptcy news with shares down about 2% in early afternoon trading and trading just above its 52-week low. Cineworld shares surged on the announcement, rising ...
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 ...