Search results
Results From The WOW.Com Content Network
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 ...
Tuesday morning, AMC announced it had raised $250 million off the run-up in its stock value from the near-doubling of its share price Monday (though it was just $3 to $5 per share). It's likely ...
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.
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.
Short-sellers aim to turn profits on a stock by borrowing shares, selling them and returning them after purchasing them at a lower price. Shares of AMC Entertainment, another meme stock, popped 78 ...
A meme stock is a stock that gains popularity among retail investors through social media. [1] [2] [3] The popularity of meme stocks is generally based on internet memes shared among traders, [4] on platforms such as Reddit 's r/wallstreetbets. [5] Investors in such stocks are often young and inexperienced investors. [6]
AMC stock , a retail trader favorite during the meme stock craze of 2021, fell 3% to close at a record low of $4.55 per share on Friday. At its lows of the day the stock was down more than 11%.
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., March 29, 2022.