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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 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 ...
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 ...
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).
Source: Ian Dewar Photography / Shutterstock Ever since the onset of Covid-19, global movie-theater chain AMC Entertainment (NYSE:AMC) has had its share of ups and downs.
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 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 ...
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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