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AMC Entertainment ( AMC) is cashing in on the revival of the meme stock trade. The struggling theater chain raised $250 million of "new equity capital" through the sale of 72.5 million shares on ...
AMC stock jumped as much as 9% in early trading on Thursday after the theater chain announced it received approximately $325.5 million of new equity capital through the sale of 40 million shares.
The most recent contender in the meme stock wars, AMC has seen its share of peaks and troughs this week with a whopping increase of nearly 120% and an all-time high of $62.55. See: AMC Files to ...
November 9, 2023 at 9:17 AM. AMC ( AMC) stock is tanking. And once again, it has to do with investor fears about their shares being diluted. On Thursday, the movie chain filed to offer up to $350 ...
The stock has 3 analyst Hold recommendations and 5 Sell ratings. A screen displays the logo and trading information for AMC on the floor of the New York Stock Exchange (NYSE) in New York City, U.S ...
The company said it plans to use the proceeds “to bolster liquidity, to repay, refinance, redeem or repurchase its existing indebtedness,” and general corporate purposes.
AMC stock sank about 11% on Thursday, hovering around $4.50 per share. The stock is down more than 90% over the past year as the company has been issuing shares to pay down its debt , which ...
Cinema chain AMC dropped 7.7%, after rising 135% in the past two sessions, while video game retailer GameStop fell 10% after hitting its highest level since June 2021 on Tuesday.