(Bloomberg) — Meme-stock posterchild AMC Entertainment Holdings Inc.’s strategy to raise cash has placed it in the crosshairs of arbitrage traders who see a golden opportunity to profit from a s...
Tag: AMCs
AMC’s APEs hit new low
AMC Entertainment Holdings Inc.’s AMC, -10.37% AMC Preferred Equity Units APE, -8.91%, or APEs, hit a new low of $0.82 on Wednesday. The stock was down 7.6% by mid-afternoon Wednesday, outpacing...
AMC’s APEs trading below $1
AMC Entertainment Holdings Inc.’s AMC, -0.44% AMC Preferred Equity Units APE, +0.71%, or APEs, are trading below $1. The APEs ended Tuesday’s session down 6.5% at $0.8898, outpacing the S&...
AMC’s new ‘APE’ units are a meme-friendly way to raise cash fast
AMC Entertainment has embarked on a meme-friendly experiment to give a token reward to its retail investor base while also creating a backdoor way to raise more cash down the line. The theater chain&#...
AMC’s ‘APEs’ start trading on the NYSE
AMC Entertainment Holdings Inc.’s AMC, -37.51% AMC Preferred Equity Units, or APEs APE, , began trading on the New York Stock Exchange on Monday, opening at $6.95. The stock rose 36.2% to trade ...
AMC’s New Drama Stars an ‘APE,’ Exuberant CEO, and Bonds … AMC Bonds
AMC Entertainment (AMC) released second-quarter earnings last week, with revenues down about 20% from pre-pandemic levels in 2019 and continued losses — but the real show-stopper was the theater...
AMC’s New Shares Spark Controversy
Getty Images Key takeaways AMC plans to issue a special one-time “dividend” to investors in the form of preferred shares The company has also applied to list its new preferred stock under the NYSE tic...
Dogecoin and Shiba Inu Added To AMC’s Mobile App As Payment Option
AMC Theaters has announced its mobile app now supports Dogecoin (DOGE), Shiba Inu (SHIB), and other crypto tokens for online payments. AMC Theater has earlier promised that it will soon start acceptin...
Shiba Inu and Dogecoin Now Supported by AMC’s Mobile App
Alex Dovbnya AMC’s mobile app now supports Dogecoin and Shiba Inu, the two most popular meme cryptocurrencies The official mobile app of AMC Theatres, the world’s largest movie theater chain, now allo...
AMC’s Gold Miner Investment Makes Perfect Sense to the Investing Faithful
(Bloomberg) — Faithful investors who helped pull AMC Entertainment Holdings Inc. back from the financial brink are cheering its unorthodox investment in Hycroft Mining Holding Corp., a troubled ...
Opinion: Adam Aron’s resolution to refinance AMC’s debt might put his love affair with ‘Apes’ at serious risk
Adam Aron wants to be happier, healthier and find a clever way around his own retail shareholders to pay off some serious debt in 2022. In a pair of tweets, Aron told his followers that “If we can, in...