(Bloomberg) — Retail traders flocking to AMC Entertainment Holdings Inc. in hopes of burning short sellers may also be helping the company shore up its finances. Most Read from Bloomberg That’s because the beleaguered movie theater chain, which surged 78% on Monday amid the meme-stock frenzy, has a fundraising deal known as an at-the-market offering […]
Shares in AMC Theatres surged 80 percent on Monday after meme stock investor Roaring Kitty resurfaced online. Stock in parent company AMC Entertainment Holdings, led by CEO Adam Aron, ended the day up $2.28, to close at $5.19. That’s a big jump after shares in AMC tumbled in value since the cinema giant during the […]
Shares of GameStop and AMC Entertainment exploded Monday, up close to 80% and 50%, respectively, as Roaring Kitty, aka Keith Gill, the trader and Reddit celebrity who sparked the so-called meme stock revolution on Wall Street starting in early 2021, posted on X (formerly Twitter) for the first time in almost three years. Gill, a […]
GameStop stock and AMC shares soared early Monday after Keith Gill, who sparked the meme stock rally during the pandemic, made his return to social media for the first time in three years. X Gill, known by his social media name Roaring Kitty, on Sunday night posted for the first time on social media platform […]
What is it that can put a stock on a meteoric rise? In 2021, we saw a number of stocks make truly staggering jumps, doubling in price on consecutive days. There are several factors that contributed to these gargantuan moves, but one is surely the classic short squeeze. X While there are some new factors […]
(Bloomberg) — A lender group to AMC Entertainment Holdings Inc. advised by Gibson Dunn & Crutcher made a proposal to the movie theater company that would push back its near-term debt maturities, according to people familiar with the matter. Most Read from Bloomberg The proposal comes as AMC, the world’s largest cinema chain, owes about […]
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(Bloomberg) — AMC Entertainment Holdings Inc., the world’s largest theater chain, reported fourth-quarter earnings that fell short of Wall Street estimates, sending the shares lower. Most Read from Bloomberg AMC posted profit of $42.5 million before interest, taxes, depreciation and amortization, according to a statement Wednesday. That was less than the $46.7 million analysts were […]
Are you looking for fun and informative ways to celebrate Black History Month? AMC Theatres is celebrating now through the end of February with $5 movie showings of recent releases embodying “Black Excellence in Film,” with multiple Indiana locations participating. A total of 175 AMC locations are participating in the promotion, including three Indianapolis locations. […]
AMC stock (AMC), 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%. AMC stock has been on a downward spiral for months as the theater chain […]
AMC Entertainment Holdings, Inc. (NYSE:AMC) shares are trading lower Wednesday, and the stock has fallen more than 30% over the past month. What To Know: AMC Entertainment announced that the “Taylor Swift – The Eras Tour” concert film officially became the highest grossing concert and documentary film in box office history. The film is distributed […]
AMC (AMC) stock is in free fall so far this year. The theater chain hit a new all-time low on Friday, down more than 2% to close the session at $5.17 per share. The stock is down more than 15% over the past four sessions. The stock has been on a downward spiral as the […]