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Meme Traders Trigger Five-Day AMC Rally

AMC rallied for five days on Nasdaq, going up 17 percent on Thursday afternoon (May 13), as investors took to social media with #AMCSqueeze to push up the price of shares, Bloomberg reported on the same day. On Twitter, #AMCSqueeze trended at the top spot. Additionally, per Bloomberg, Facebook’s CrowdTangle...
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Business Wire

AMC Entertainment Holdings, Inc. Completes 43 Million Share At-The-Market Equity Offering and Raises $428 Million in Additional Equity Capital

LEAWOOD, Kan.--(BUSINESS WIRE)--AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC” or “the Company”), announced today that it has completed its previously announced 43 million share at-the-market equity program launched on April 29. AMC raised approximately $428 million of new equity capital, before commissions and fees, at an average price of $9.94 per share.
FINANCIAL REPORTS

2 Overhyped Stocks to Sell Right Now

Movie theater operator AMC Entertainment (NYSE:AMC) and cryptocurrency exchange Coinbase (NASDAQ:COIN) are super popular right now, ranking among the top-100 widely held stocks on the Robinhood trading platform. But do these overhyped companies deserve their lofty valuations?. The short answer is no. Let's dig deeper into why both stocks could...
STOCKS
TRENDING TOPICS

AMC cashes in on Reddit-trading frenzy with $428 mln share sale

Cinema operator AMC Entertainment Holdings Inc (AMC.N) has raised about $428 million from a share sale, capitalizing on the retail-trading driven surge in its stock earlier this year. The world's largest cinema chain operator's shares have gained more than five-folds in 2021 thanks to interest from amateur traders on Reddit...
FINANCIAL REPORTS

What's Going On With AMC Entertainment Today?

AMC Entertainment Holdings Inc (NYSE:AMC) is surging on Thursday as retail traders band together in an attempt to "squeeze" the stock higher. What Happened: AMC reported first-quarter financial results on May 6. The company reported an earnings loss of $1.42 per share, missing the estimate for a loss of $1.26 per share. It reported quarterly revenue of $147.4 million, which came in below the estimate of $153.61 million.
MARKETS
kfgo.com

AMC cashes in on Reddit-trading frenzy with $428 million share sale

(Reuters) – Cinema operator AMC Entertainment Holdings Inc has raised about $428 million from a share sale, capitalizing on the retail-trading driven surge in its stock earlier this year. The world’s largest cinema chain operator’s shares have gained more than five-folds in 2021 thanks to interest from amateur traders on...
FINANCIAL REPORTS

1 Thing You Must Know From AMC's Earnings Report

AMC Entertainment Holdings (NYSE:AMC) is having a hard time bouncing back from the adverse financial effects of the coronavirus pandemic. Last year, the movie theater chain had to shut its doors, cutting off nearly 100% of its revenue. That has led to cascading consequences. For instance, movie studios have started...
MOVIES
FXStreet.com

AMC Entertainment Holdings Price Forecast: AMC to the moon, perfect triangle breakout

AMC just cannot stop going up, nearly 17% on Thursday. AMC smashed out of its triangle resistance. AMC outperforms the broader market all week. Update: A stunning breakout by AMC is an explosive move. AMC shares are up 17% on Thursday, breaking through $12. A beautiful triangle breakout now sees AMC target $14.54 and then $20. AMC had been signalling this move as it remained strong throughout the recent market turmoil.
MARKETS
Marketwatch

AMC Entertainment Holdings Inc. Cl A stock rises Monday, outperforms market

Shares of AMC Entertainment Holdings Inc. Cl A AMC, +2.42% advanced 2.42% to $9.74 Monday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index. COMP,. -2.55%. falling 2.55% to 13,401.86 and Dow Jones Industrial Average. DJIA,. -0.10%. falling 0.10% to...
STOCKS
Fortune

AMC’s CFO on trying to predict the future

AMC certainly couldn't have forecasted this. As productions ground to a halt, and theaters around the world shuttered last March, the entertainment giant was forced to pivot—fast. “When you think about COVID and what it did to our worlds in the financial space, it wasn't really about ‘How am I...
ENTERTAINMENT
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