Por: MarketWatch Business January 20, 2024
Related: Three years ago, AMC transformed from a beleaguered pandemic victim to a meme-stock phenomenon. Boosted by the WallStreetBets forum on Reddit, AMC parlayed a steep rise in its share price to tap into equity and debt markets, in January 2021. In 2022, the company launched its , and in 2023 it completed the conversion of the APEs into AMC common stock, along with a reverse 1-for-10 split of common stock. The investors who turned AMC... + full article
MarketWatch USA Business August 23, 2023
AMC’s stock fell 17.7% on Tuesday after ending Monday’s session down 23.7%, snapping a four-day winning streak. Some 26.7% of AMC’s float is shorted. Related: AMC is now competing with stocks such as Tupperware Brands Corp. , WeWork Inc. and Nvidia Corp. for investor... + más
AMC data indicates ‘panic’ ahead of APE stock conversion, says Stocktwits | MarketWatch
What’s next for AMC after court blocks its APE-conversion plan? | MarketWatch
MarketWatch USA Politics August 22, 2023
What’s next for AMC after court approves revised stock-conversion plan? | MarketWatch
MarketWatch USA Politics August 14, 2023
AMC will file a form 8-K with the SEC Monday that details the company’s plans over the next two weeks that will result in the conversion of the AMC Preferred Equity units and the trading of a single AMC common share class, according to Aron’s letter. Related: Shares of AMC... + más
AMC first-quarter results on deck as analysts eye box-office rebound | MarketWatch
MarketWatch USA Business July 24, 2023
The proposal that was rejected by Delaware Vice Chancellor Morgan Zurn would have provided AMC common shareholders with shares worth roughly $130 million, Wedbush analyst Alicia Reese said. “She denied the proposal in essence because it would deny the preferred shareholders... + más
AMC Stock Falls After Net Loss Widens. The Meme Trade Needed a Bigger Win. | MarketWatch
AMC’s APE conversion a ‘massive’ opportunity to wipe out debt and drive expansion, says analyst | MarketWatch
MarketWatch USA Business May 04, 2023
AMC recently enjoyed a , boosted by the success of “The Super Mario Bros. Movie” and “Air,” which recounts the origin of the iconic Air Jordan basketball shoe. “WHAT A WEEKEND. It’s official,” AMC CEO Adam Aron tweeted on April 10. “Record revenues for AMC at... + más
AMC’s Q3 results on deck: Will the meme stock darling shake off concerns of a box office slowdown? | MarketWatch
MarketWatch USA Business November 09, 2022
The theater firm said its net loss widened to $226.9 million during the third quarter, which was less than the $238 million loss analysts polled by FactSet had forecast. The company’s revenue of $968.4 million beat the consensus estimate of $961 million. Though APE units... + más
AMC stock tumbles after reporting 12th consecutive quarterly loss | MarketWatch
MarketWatch USA Business November 02, 2022
Analysts surveyed by FactSet are looking for AMC to report a net loss of $199 million, or 18 cents a share, after a loss of $224 million, or 27 cents a share, in the prior year’s quarter. The company is expected to report sales of $961 million, up from $756 million in the same... + más
Data shows AMC insiders got rich off retail traders | Fox Business
AMC Entertainment struggles with falling stock, high debt load and light blockbuster schedule | CNBC
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