Por: MarketWatch Business March 14, 2023
If they are approved, it would represent a major win for AMC CEO Adam Aron, who has turned to unorthodox management techniques in efforts to court the firm’s loyal meme stock base. The APE units, which represent one hundredth of a preferred share, have the same voting power of common shares. APE units rose 8.8% to $1.73 in Monday trading. AMC stock was up 1.5% to $5.46. APE units began trading in August, after the firm provided each AMC... + full article
CNBC USA Life March 14, 2023
In this articleVictor J. Blue Getty Images News Getty Images investors voted Tuesday to approve a reverse stock split and the conversion of APE shares into common company shares.The result of the special shareholders meeting is expected to pave the way for the movie theater... + 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 January 30, 2023
In an SEC filing Friday, the movie-theater chain and meme-stock darling announced a special meeting of shareholders to increase the number of AMC authorized shares from just over 524 million to 550 million and authorize a 1-for-10 reverse split of the company’s common stock,... + más
AMC's meme-stock sales are approaching its total valuation | MarketWatch
MarketWatch USA Business December 23, 2022
The price of AMC’s APE units jumped 75.2% to $1.20 on Thursday. AMC shares closed with a 7.4% decline at $4.91. Even before the $110 million equity raise announced Thursday, AMC had sold $2.04 billion in stock since the beginning of 2021 and the dawn of the meme-stocks era... + más
AMC’s Q3 results on deck: Will the meme stock darling shake off concerns of a box office slowdown? | MarketWatch
MarketWatch USA Politics December 23, 2022
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
AMC’s second-quarter sales were $968.4 million, compared with $763.2 million in the same period last year. Analysts surveyed by FactSet were looking for sales of $961 million and a net loss of 20 cents a share, or a net loss of 23 cents a share on an adjusted basis. Related: ... + más
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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