Two “unprovoked” stabbings were reported in separate Massachusetts towns Saturday, and police arrested a suspect they say was involved in both. Braintree Police Department Chief Timothy Cohoon told Fox News Digital the first incident was reported at an AMC theater in Braintree at around 6 p.m. The suspect, whose identity has not been released, reportedly […]
BRAINTREE – A male suspect has been arrested in connection with a stabbing that wounded four girls in an AMC movie theater south of Boston Saturday, authorities said. CBS Boston has learned that the same suspect may be responsible for a similar incident which may have occurred at a McDonald’s restaurant in Plymouth. A man […]
The return of influential trader and analyst Keith Gill to social media sparked a rally in GameStop and other so-called meme stocks this week. – House Financial Services Committee/AP Shares of GameStop Corp. and AMC Entertainment Holdings Inc. soared this week after trader Keith Gill, also known as “Roaring Kitty,” made his eye-catching return to […]
(Bloomberg) — GameStop Corp. and AMC Entertainment Holdings Inc. were set to snap a two-day rout that erased about $7 billion in value, amid further signs of this week’s meme-stock frenzy fading. Most Read from Bloomberg Shares of the video-game retailer jumped as much as 16% in premarket trading on Friday, before paring gains. AMC […]
NEW YORK (Reuters) – Hedge fund Renaissance Technologies added a new long position in GameStop and significantly increased its position in AMC Entertainment during the first quarter, putting it in position to benefit from the meme stock mania sweeping through the U.S. equity market this week. Renaissance added 1,004,958 shares of videogame retailer GameStop during […]
NEW YORK (Reuters) – Hedge fund Renaissance Technologies added a new long position in GameStop and significantly increased its position in AMC Entertainment during the first quarter, putting it in position to benefit from the meme stock mania sweeping through the U.S. equity market this week. Renaissance added 1,004,958 shares of videogame retailer GameStop during […]
(Bloomberg) — AMC Entertainment Holdings is taking advantage of its meme stock rally to reduce its debt, revisiting a playbook that helped it shore up liquidity in 2021. Most Read from Bloomberg The movie theater chain said in a regulatory filing that it reached a private deal to swap about $164 million of its 10% […]
Futures for the Dow Jones Industrial Average and other major indexes rose Wednesday, as investors reacted to a mild inflation report that offers further guidance on interest rates. Meanwhile, meme stocks GameStop (GME) and AMC Entertainment (AMC) cooled off on the stock market today after two straight sessions of massive gains. X In premarket action, […]
Dow Jones futures were little changed Wednesday morning, along with S&P 500 futures and Nasdaq futures. The April CPI inflation report and retail sales are due before Wednesday’s open. Nu Holding (NU), MakeMyTrip (MMYT) and Monday.com (MNDY) were earnings movers. X The stock market rally saw modest to solid gains Tuesday, gaining steam in the […]
(Reuters) – Shares of GameStop and AMC soared in premarket trading on Wednesday, continuing this week’s rally which began after “Roaring Kitty” Keith Gill, a central figure behind the 2021 meme stock frenzy, resurfaced on social media. “Roaring Kitty”, the online persona of Gill, shared a clip from the movie “Braveheart” at 8 p.m. ET […]
(Bloomberg) — Is the erstwhile “Bond King” becoming the options king? Most Read from Bloomberg Bill Gross is making a habit of selling options on meme stocks, and his latest trades center on GameStop Corp. and AMC Entertainment Holdings Inc. The legendary investor said he sold calls and puts on the poster children of the […]
AMC Entertainment (AMC) 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, per an SEC filing. The completion of the equity offering, which was initially launched on March 28, came as the meme […]