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AMC data indicates ‘panic’ ahead of APE stock conversion, says Stocktwits

Por: MarketWatch Business August 23, 2023

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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 attention, according to Tranfo. “AMC investors who are still around are waking up to the reality that there are new shinier toys in the market that people can play with,... + full article



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