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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 ...
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).
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 ...
The stock is down 90% since July 2023, when it traded just north of $40 per share. In June 2021, the stock closed as high as $339.05 per share on a split-adjusted basis. AMC is expected to ...
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's stock had risen over the last month as a blowout opening weekend for "Barbenheimer," the double feature combination of "Barbie" and "Oppenheimer", resulted in AMC's best single-day ...
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 ...
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.