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The Nash-Kelvinator/Hudson deal was a straight stock transfer (three shares of Hudson listed at 11 + 1 ⁄ 8, for two shares of American Motors and one share of Nash-Kelvinator listed at 17 + 3 ⁄ 8, for one share of American Motors) and finalized in the spring of 1954, forming the fourth-biggest auto company in the U.S. with assets of US$355 ...
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 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 ...
In August, a Delaware court approved a merger between AMC and AMC preferred shares that made all outstanding shares AMC common stock. AMC also executed a 10-for-1 reverse stock split at the time ...
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 ...
One of 2021’s unexpected trends has involved retail investors propping up stocks lacking in the fundamentals department. Struggling AMC (AMC) has been a prime beneficiary, as the retail crowd ...
Additionally, a 1-to-10 reverse stock split is scheduled for August 24, according to an SEC filing, meaning every 10 shares held by an investor will now become one share but at a higher value.
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%.