As AMC prepares for reverse stock split and APE conversion, Wedbush hikes price target to $19 from $2
- After months of legal battles AMC Entertainment Holdings Inc. is set to finally implement its reverse 1-for-10 split of its common stock and AMC Preferred Equity unit stock conversion, in a move that the company says will help it raise additional equity capital.
- 08/24/2023
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APE Preferred Stock Falls as Conversion Date Looms
- AMC Entertainment (NYSE: AMC ) stock and AMC Preferred Equity (NYSE: APE ) shares fell hard overnight again. This comes as the Aug. 25 date for a conversion of APE to AMC approaches.
- 08/23/2023
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AMC's stock falls 21% ahead of APE stock conversion
- AMC Entertainment Holdings Inc.'s stock fell 21% Wednesday ahead of the movie-theater chain and meme-stock darling's stock conversion this week.
- 08/23/2023
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AMC target price lowered to $1.55 by Citi
- Citi lowered its AMC Entertainment Holdings Inc. AMC, +0.12% price target to $1.55 from $1.65 Friday and maintained its sell rating for the movie theater chain and meme stock darling. “With the rapid spread of COVID-19 globally, movie theaters have been forced to shut down in many countries,” wrote Citi analyst Jason Bazinet, in a note.
- 08/18/2023
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These institutional investors have increased their positions in AMC
- Jane Street Capital and National Bank Financial have increased their positions in AMC Entertainment Holdings Inc., according to FactSet data.
- 08/18/2023
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AMC Entertainment's APE Conversion: No More Monkey Business
- A court has approved a settlement offer between AMC Entertainment Holdings, Inc. and investors, allowing the conversion of preferred equity units into common stock. The settlement will result in a reverse stock split and a decrease in the number of common shares, potentially leading to a convergence in prices between common stock and preferred equity units. The future of AMC Entertainment remains uncertain, with structural issues and a lack of true growth in the movie theater industry. Investors should approach the stock and preferred equity units with caution.
- 08/15/2023
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AMC Gets Go-Ahead for APE Stock Conversion, Shares Plunge
- AMC won court approval for converting its APE shares to common stock to end shareholder litigation and paves the way for the company to raise much-needed capital.
- 08/14/2023
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What's next for AMC after court approves revised stock-conversion plan?
- AMC's revised stock-conversion plan was approved by the Delaware Chancery Court Friday, marking what CEO Adam Aron described as a “significant milestone” in a letter to investors Monday.
- 08/14/2023
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AMC plunges 35% on fears the meme stock will be diluted by conversion of APE units
- AMC stock slid 35% on Monday after the company received approval to convert APE units to common stock. Investors have been fearing that scenario for months, as it could dilute value for existing shareholders.
- 08/14/2023
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5 Things to Know Before Markets Open
- U.S. Steel shares jump after it rejects a takeover bid from Cleveland-Cliffs and Tesla shares fall after it cut prices on models in China. Here's what investors need to know today.
- 08/14/2023
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Court Settlement Sends AMC Plunging 25% After Hours Friday
- Three weeks ago, Delaware Chancery Court Judge Morgan Zern rejected a proposed settlement between AMC Entertainment Holdings Inc.
- 08/12/2023
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‘Thank you Barbenheimer!' AMC CEO touts record July, boosted by ‘Barbie' and ‘Oppenheimer.
- AMC Entertainment Holdings Inc. CEO Adam Aron has cited the success of summer blockbusters “Barbie” and “Oppenheimer” for pushing the company's July revenue to a record level.
- 08/10/2023
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AMC: Barbenheimer, Strikes, And The Future Of Moviegoing
- AMC reported free cash outflows for its fiscal 2023 second quarter that fell markedly from its year-ago comp. The company is set to benefit immensely from the Barbenheimer phenomenon, which has driven record attendance to AMC theatres. Dual writers and actors strikes have disrupted movie production and is set to delay the 2024 movie slate if it is prolonged.
- 08/09/2023
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AMC could face bankruptcy risk if APE conversion battle fails and strikes drag on, analyst warns
- AMC Entertainment Holdings Inc. reported better-than-expected second-quarter results on Tuesday, but could face the risk of bankruptcy if its stock conversion battle fails and Hollywood strikes drag on for months, warns Wedbush analyst Alicia Reese.
- 08/08/2023
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AMC ‘killing it at the box office' but faces ongoing liquidity challenges, says CEO
- AMC Entertainment Holdings Inc. is enjoying strong demand from moviegoers, but faces ongoing liquidity challenges, says CEO Adam Aron.
- 08/07/2023
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AMC set a record for app downloads Sunday, fueled by ‘Barbie' and ‘Oppenheimer'
- AMC Entertainment Holdings Inc. saw the highest ever downloads of its AMC Theatres app Sunday, boosted by a blockbuster opening weekend for the “Barbie” and “Oppenheimer” movies, according to third-party data from Apptopia.
- 07/24/2023
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What's next for AMC after court blocks its APE-conversion plan?
- AMC Entertainment Holdings Inc.'s plan to convert its AMC Preferred Equity units to common stock was blocked Friday when a judge rejected a settlement that would have allowed the deal to proceed.
- 07/24/2023
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Financial markets are upside down, says Morgan Stanley, and investors can take advantage
- The reweighting of the Nasdaq 100 and the expiration of some $2 trillion worth of options is out of the way. Now it's time for an onslaught of earnings, as well as rate decisions from the Fed, European Central Bank and Bank of Japan, before the summer really gets into sleepy territory.
- 07/24/2023
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AMC stock surges more than 70% after Delaware judge puts brakes APE-to-stock conversion plan
- Shares of AMC Entertainment Holdings Inc. AMC, +1.62% rocketed more than 70% higher on Friday after a court in Delaware prevented the movie theater chain from moving forward with a plan, often maligned by some of its retail investors, that would dump more shares onto the market, according to reports. The unexpected move by the court blocked AMC from turning its so-called APE — or AMC Preferred Equity — preferred units into common stock, according to Bloomberg Law.
- 07/21/2023
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AMC Stock Alert: Shareholder Sues for Annual Meeting
- AMC Entertainment (NYSE: AMC ) was sued by a shareholder, demanding it hold its annual meeting by Aug. 18. That will prove difficult as the dispute over converting AMC Preferred Equity Units (NYSE: APE ) into common stock remains unresolved.
- 07/18/2023
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AMC, APE Stock Investors on Watch for Judge Decision
- Last month, the two-day hearing to decide on the conversion of AMC Entertainment Preferred Equity Units (NYSE: APE ) into AMC Entertainment (NYSE: AMC ) stock came to an end. However, Vice Chancellor Morgan Zurn has still not made a decision on the conversion and did not provide a specific date for her decision, either.
- 07/10/2023
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APE Stock: Observe This Wild Ride From Behind the Glass for Now
- Some folks might say it was a brilliant move for global movie-theater chain AMC Entertainment (NYSE: AMC ) to create and issue shares of AM C Preferred Equity Units (NYSE: APE ) stock. However, others aren't very pleased with AMC Entertainment's large-scale printing of APE stock.
- 07/06/2023
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AMC Stock Alert: When to Expect a Decision on APE Conversion Settlement
- All eyes are on AMC Entertainment (NYSE: AMC ) and AMC Entertainment Preferred Equity Units (NYSE: APE ), as the two-day settlement hearing discussing the conversion of outstanding APE into AMC stock, an increase in authorized AMC stock, and a 1-for-10 reverse split has wrapped up early ahead of schedule. This morning, Delaware's Court of Chancery listened to the objector's rebuttals concerning the settlement.
- 06/30/2023
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AMC Stock Alert: Antara Sells APE Preferred Shares
- Another day, another sale of AMC Preferred Equity Units (NYSE: APE ) for Antara Capital. Yesterday, the AMC Entertainment (NYSE: AMC ) lender disclosed selling 7.99 million units at average prices ranging between $1.73 and $1.72.
- 06/30/2023
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Cost to Borrow AMC Stock Soars With APE Hearing Ongoing
- Shares of AMC Entertainment (NYSE: AMC ) are down slightly on Thursday, off about 1%. However, AMC stock has had a mixed run as of late.
- 06/29/2023
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AMC Stock Slips as APE Hearing Kicks Off
- AMC Entertainment (NYSE: AMC ) stock fell 2% on June 29 as a hearing began over the fate of its APE (NYSE: APE ) preferred shares. The stock has been extremely volatile over the last week.
- 06/29/2023
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AMC Stock: What to Know About AMC's APE Hearing Tomorrow
- All eyes are on AMC Entertainment (NYSE: AMC ), as the court hearing to decide the fate of the conversion of outstanding AMC Preferred Equity Units (NYSE: APE ) into AMC will begin tomorrow, June 29, and end on June 30. Earlier this week, Special Master Corinne Elise Amato issued a recommendation in favor of the conversion.
- 06/28/2023
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AMC Stock Alert: ‘Special Master' Recommends APE Conversion
- Shares of AMC Entertainment (NYSE: AMC ) are falling today, while AMC Entertainment Preferred Equity Units (NYSE: APE ) are rising. This follows the issuance of a recommendation from special master Corinne Elise Amato.
- 06/22/2023
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AMC Stock: AMC's APE Court Hearing Is Just 2 Weeks Away
- Fans of AMC Entertainment (NYSE: AMC ) stock have plenty to wait for with the movie theater company's AMC Preferred Equity Units ( APE ) court hearing just two weeks out. Indeed, the stage is set for a June 29 to June 30 Delaware court hearing on the company's plan to convert APE preferred equity units into common stock shares as part of its latest funding efforts.
- 06/15/2023
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When to Buy APE Stock? This Is the Magic Number.
- One popular way to invest in global movie-theater chain AMC Entertainment (NYSE: AMC ) is to buy AMC Preferred Equity Units (NYSE: APE ) stock. Joining the “APE Army” can be fun and exciting.
- 06/15/2023
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A Big Player Just Sold a Boatload of APE Stock. Should You?
- There are a couple of ways to invest in global movie-theater chain AMC Entertainment (NYSE: AMC ). You could buy AMC stock, or you could own AMC Preferred Equity Units (NYSE: APE ).
- 06/01/2023
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AMC's Investor Connect program has hit 1 million members, CEO says
- AMC Entertainment Holdings Inc.'s Investor Connect program has hit 1 million members, according to the company's CEO Adam Aron.
- 05/24/2023
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Antara Capital Just Sold Even More APE Stock
- Another day, another sale of AMC Preferred Equity Units (NYSE: APE ) by Antara Capital. Antara has submitted a new Form 4 showing the sale of 2 million units of APE.
- 05/23/2023
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Antara Capital Keeps Selling AMC's APE Stock
- Antara Capital has been steadily selling off its stake in AMC Preferred Equity Units (NYSE: APE ). On May 2 and 3, the event-driven opportunities firm reported selling 2.21 million shares worth $3.35 million.
- 05/19/2023
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Why Investors Should Bet $100 on AMC Stock Now
- It's definitely risky to invest in global movie-theater chain AMC Entertainment (NYSE: AMC ). However, a small-sized position in AMC stock could pay off big time.
- 05/15/2023
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Dear AMC Stock Fans, Mark Your Calendars for June 29
- Shares of AMC Entertainment (NYSE: AMC ) stock are in full focus. The hearing to consider converting all AMC Entertainment Preferred Equity Units (NYSE: APE ) into AMC stock has been scheduled for June 29 and 30 at the Leonard L.
- 05/09/2023
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AMC's ‘road to recovery getting better,' says Macquarie
- AMC Entertainment Holdings Inc. is continuing its post-pandemic recovery, according to Macquarie Research.
- 05/08/2023
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AMC stock falls, APEs rise on stock conversion agreement
- AMC Entertainment Holdings Inc.'s stock fell premarket Monday after the movie theater chain and meme stock darling reached a deal to settle a shareholder lawsuit over the conversion of AMC Preferred Equity units into common stock.
- 05/08/2023
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AMC says it's reached deal to settle shareholder lawsuit over APE conversion
- AMC Entertainment Holdings Inc. said over the weekend it has reached an agreement to settle a court fight with shareholders concerning a proposed stock conversion.
- 05/07/2023
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Are AMC and APE Setting Up for a Pre-April 27 Short-Squeeze?
- There are many ways to “play” AMC Entertainment (NYSE: AMC ), but one that may be piquing the interest of retail traders today has to do with the latest news regarding the conversion of AMC Preferred Shares (NYSE: APE ) into common shares of AMC stock. As you may be aware, there has been some legal controversy regarding the planned APE stock conversion.
- 04/24/2023
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AMC Surges On Court Ruling Against Faster APE Conversion ; Are Meme Stocks A Buy Now?
- Meme stocks Tesla, Bed Bath & Beyond, AMC, GameStop have risen and fallen on social media hype. The post AMC Surges On Court Ruling Against Faster APE Conversion ; Are Meme Stocks A Buy Now?
- 04/07/2023
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Judge Denies AMCs' Proposed Settlement in APE Conversion Lawsuit
- AMC's plan to convert AMC Preferred Equity (APE) units into common stock and raise fresh capital hit another obstacle after Delaware's Court of Chancery denied the proposed settlement that would have allowed the company to proceed with the plan.
- 04/06/2023
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AMC stock surges despite court decision to deny APE shares settlement
- Yahoo Finance Live anchors discuss how a Delaware judge's decision on AMC's preferred shares conversion sent AMC stock higher and APE stock lower on Thursday.
- 04/06/2023
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AMC stock rises, APE shares fall after court denies conversion settlement
- Yahoo Finance Live anchors Jared Blikre and Brad Smith discuss the swing in stock for AMC and APE following a judge's decision to deny AMC's request for a stock conversion.
- 04/06/2023
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AMC stock jumps, APEs tumble, after judge denies attempt for swift stock conversion
- AMC Entertainment Holding Inc.'s stock jumped premarket Thursday after a judge denied the company's attempt to quickly resolve a shareholder court fight over a proposed conversion of AMC Preferred Equity units into common stock.
- 04/06/2023
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AMC and APE shares swing as judge denies attempt for a speedier stock conversion and reverse split
- AMC Entertainment Holdings Inc. AMC, +3.58% shares rose and APE, +1.79% shares fell in after-hours trading Wednesday, following a judge's denial of an attempt to quicken the resolution of a shareholder court fight. AMC executives have been attempting to convert APE shares into regular shares and execute a reverse stock split, but faced a lawsuit from shareholders.
- 04/05/2023
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AMC Stock Pops, APE Tumbles As Court Rejects Share Conversion Settlement
- AMC Entertainment jumped and APE preferred tumbled after a court nixed a share conversion settlement that sent AMC stock plunging Tuesday. The post AMC Stock Pops, APE Tumbles As Court Rejects Share Conversion Settlement appeared first on Investor's Business Daily.
- 04/05/2023
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AMC stock bounces premarket, after plunging on APE conversion settlement
- AMC Entertainment Holdings Inc.'s stock rose 2.3% before market open Wednesday, after ending Tuesday's session down 23.5%.
- 04/05/2023
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AMC stock plummets, APE shares surge after theater chain finalizes shares settlement
- Yahoo Finance Live anchors Seana Smith and Dave Briggs discuss the movement in AMC and APE stocks following news of a shares settlement.
- 04/04/2023
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AMC stock sinks, APE shares surge amid stock conversion settlement
- Yahoo Finance Live anchors Brad Smith and Jared Blikre discuss the decline in stock for AMC.
- 04/04/2023
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AMC's APE-conversion settlement could lead to ‘potentially massive' $16 billion equity raise, says analyst
- AMC's APE-conversion settlement paves the way for a huge equity raise that could bring in as much as $16 billion, according to B. Riley Securities analyst Eric Wold.
- 04/04/2023
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AMC Stock Craters Following APE Conversion Settlement
- AMC Entertainment (NYSE: AMC ) fell 22% overnight after it settled shareholder litigation that will let it convert its AMC Preferred Shares (NYSE: APE ) to common stock. The APE shares rose 18%.
- 04/04/2023
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AMC stock plunges 22% after company agrees to settlement terms, opening up for APE conversion
- AMC Entertainment Holdings Inc. AMC, +2.00% stock dropped more than 22% in the extended session Monday after the movie-theater operator said in a filing that it has agreed to settlement terms relating to a shareholder litigation around a stock conversion. The terms of the settlement would open the way for AMC's proposal to convert its AMC Preferred Equity, or APE APE, +0.68% , units into shares of common stock, alongside a 10-to-1 reverse stock split and the capacity to sell more shares, which shareholders supported in mid-March but had faced court proceedings.
- 04/03/2023
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AMC Stock Dives, APE Preferred Shares Soar On Stock Conversion Settlement
- The settlement, which needs court approval, would let AMC Entertainment convert APE preferred shares into common AMC stock. The post AMC Stock Dives, APE Preferred Shares Soar On Stock Conversion Settlement appeared first on Investor's Business Daily.
- 04/03/2023
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AMC: A Bet On Theater Attendance
- Although AMC's financials continue to be a mess, I point out that the fundamental thesis is improving, albeit very slowly. The measures approved at the March 14th shareholder meeting are likely to support AMC's financial health (solvency) for quite some time going forward.
- 03/26/2023
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AMC Stock Alert: Antara Just Sold 48 Million APE Shares
- Earlier this week, it was announced that shareholders of AMC Entertainment (NYSE: AMC ) and AMC Entertainment Preferred Equity Units (NYSE: APE ) had voted in favor of proposals to enact a 1-for-10 reverse stock split and to increase authorized shares for AMC. Together, these proposals would allow for the conversion of APE into AMC stock.
- 03/16/2023
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AMC Stock Alert: AMC Confirms APE Conversion Vote
- AMC Entertainment (NYSE: AMC ) held its special meeting of stockholders yesterday, which revealed the preliminary approval of a 1-for-10 reverse stock split and an increase in authorized shares to 550 million from 524.17 million. The reverse split and increase in authorized shares would allow for the conversion of AMC Entertainment Preferred Equity Units (NYSE: APE ) into AMC stock.
- 03/15/2023
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U.S. Zombie Firms With The Highest Potential Credit Risks
- The Federal Reserve commissioned a study in 2021 to evaluate, "How Many U.S. Zombie Firms and How Consequential?" In the wake of the largest banking collapses since 2008, this article evaluates which firms may most be at risk from a credit event.
- 03/15/2023
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Meme-Stock AMC's Plan To Convert More Shares Headed For Court
- The company said in January that it would hold the special shareholders' meeting on March 14 with the aim of issuing more shares, as well as approving a reverse split of the company's stock. It would convert its preferred shares, AMC Preferred Equity (NYSE: APE) units into shares of common stock.
- 03/15/2023
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AMC shares tumble as shareholders approve APE conversion
- AMC Entertainment Holdings (NYSE:AMC) Inc shares have tumbled more than 15% after shareholders approved measures that the movie theatre operator says will help it raise cash and reduce debt. Investors voted at a special meeting on Tuesday to increase the company's shares outstanding and implement a 1-for-10 reverse stock split.
- 03/14/2023
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AMC Stock Alert: Shareholders Preliminarily Approve APE Conversion, Reverse Stock Split
- All eyes are on AMC Entertainment (NYSE: AMC ) and AMC Entertainment Preferred Equity Units (NYSE: APE ) following the closing of AMC's special meeting of stockholders. During the meeting, the preliminary votes showed that shareholders voted in favor of all three proposals.
- 03/14/2023
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AMC Shareholders Approve Key Measures That Would Help Company Raise Fresh Cash, Convert APE Units
- AMC stockholders today overwhelmingly approved a pair of provisions that would dramatically enhance the company's ability raise fresh cash by issuing and selling shares and boost the price of the company's shares in a ten-for-one-reverse stock split.
- 03/14/2023
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AMC Stock Alert: APE Shares Climb Ahead of Conversion Vote
- Shares of AMC Entertainment Preferred Equity Units (NYSE: APE ) opened higher by about 8% ahead of the AMC Entertainment (NYSE: AMC ) special meeting of stockholders today at 12:00 p.m. Eastern. At the meeting, AMC will reveal votes for the following proposals.
- 03/14/2023
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AMC Stock Alert: AMC Preps for Antara to Resell Up to 232 Million APE Units
- All eyes are on AMC Entertainment (NYSE: AMC ), as the movie-theater chain will hold its special meeting of stockholders tomorrow to decide on the conversion of AMC Preferred Equity Units (NYSE: APE ) into AMC shares. A 1-for-10 reverse stock split is also up for a vote.
- 03/13/2023
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AMC Stock Alert: ISS Backs APE Conversion Ahead of March 14 Vote
- AMC Entertainment (NYSE: AMC ) won the proxy firm Institutional Shareholder Services (ISS) endorsement for its reverse stock split and preferred stock conversion. This increases the likelihood that CEO Adam Aron will win the March 14 shareholder vote.
- 03/06/2023
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APE Stock Alert: AMC's Preferred Shares Could Climb 150% From Here
- “We're all smiles today, but by no means are we out of the woods yet,” warned AMC Entertainment (NYSE: AMC ) CEO Adam Aron on Tuesday's Q4 earnings call. “Our success could literally vaporize in an instant if we misstep.
- 03/02/2023
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AMC Entertainment Holdings, Inc. (AMC) Q4 2022 Earnings Call Transcript
- AMC Entertainment Holdings, Inc. (NYSE:AMC ) Q4 2022 Earnings Conference Call February 28, 2023 5:00 PM ET Company Participants John Merriwether - VP, Capital Markets and IR Adam Aron - Chairman and CEO Sean Goodman - CFO Conference Call Participants Eric Wold - B. Riley Securities Operator Greetings, and welcome to the AMC Entertainment Fourth Quarter and Year End 2022 Earnings Webcast.
- 02/28/2023
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The AMC And APE Consolidation Saga, Part 3
- As expected, Antara Capital has sold AMC Entertainment Holdings, Inc. shares based on their new lockup rules. Antara held a hedged position that heavily weighted towards March options expiration. They unwound those hedges late last week in response to the class action lawsuit.
- 02/27/2023
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AMC Stock Alert: What to Know About the Legal Action Targeting APE Conversion Vote
- Shares of AMC Entertainment (NYSE: AMC ) have been volatile on Tuesday, the first trading session of the holiday-shortened trading week. However, that volatility is actually favoring bulls.
- 02/21/2023
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3 Common Myths About Penny Stocks Debunked
- Debunking common myths about trading penny stocks in 2023 The post 3 Common Myths About Penny Stocks Debunked appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 02/16/2023
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REIT Investing With A Landlord's Mindset
- Real estate investing can be very rewarding. So can REIT investing, especially if you invest with a landlord's mindset.
- 02/14/2023
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AMC And Antara Jointly Loosen Lockup Restrictions, But Why?
- After the close on Feb 9th, AMC Entertainment Holdings, Inc. released an amendment to their agreement with Antara that both parties can sell additional shares into the market despite previous lockup provisions. This is categorically bad (or neutral, in the best case scenario) for AMC preferred shares (APE). How it filters through the arbitrage spread to AMC commons remains unknown.
- 02/10/2023
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Deciding Which Penny Stocks to Buy? Use These 3 Tips
- Here's some tips for deciding which penny stocks are worth buying The post Deciding Which Penny Stocks to Buy? Use These 3 Tips appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 02/05/2023
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Sell AMC, Go APE
- An update on my worst idea for 2023. It is still edgy and actionable but needs to be sized with care.
- 01/30/2023
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AMC Stock Drops Despite ‘Path to Debt Elimination.' APE Units Are Taking Off.
- The movie theater chain detailed proposals late Friday that would significantly change the group's capital structure.
- 01/30/2023
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Top 3 Best REITs For 2023
- Real estate investment trusts dropped by nearly 30% on average in 2022. REITs typically have their best years following such corrections.
- 01/19/2023
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AMC - APE Convergence Trade
- AMC common and APE preferred shares trade at a significant spread to each other despite an upcoming vote to merge the two classes on a 1-for-1 basis. Significant uncertainty exists regarding the timing, structure and outcome of the vote. This has caused a very large spread between the two securities.
- 01/12/2023
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Antara Capital Just Bought AMC Entertainment (APE) Preferred Equity Stock
- Last month, it was announced that AMC Entertainment (NYSE: AMC ) would raise $110 million in new equity capital. Antara Capital, an investment firm based in New York, agreed to assist with this by buying AMC Preferred Equity Units (NYSE: APE ).
- 01/05/2023
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AMC stock down more than 7% at open as APE shares soar
- Yahoo Finance Live's Jared Blikre discusses the decline in stock for AMC following the entertainment company's plans to sell stock.
- 12/27/2022
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APE Surges 45% as AMC Announces Debt Exchange, Reverse Stock Split
- AMC's APE preferred shares are up 38% after the embattled cinema theater chain made a big announcement involving a capital raise, a debt exchange, and a proposal to convert APE to common AMC shares, which is likely the main reason behind APE's price jump.
- 12/24/2022
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AMC Entertainment: Conversion Of APE Into AMC On The Horizon
- AMC Entertainment Holdings, Inc. dropped a bomb this morning. The company announced a debt exchange, a capital raise, and a potential shareholder vote on convertibility of APE shares into AMC stock.
- 12/22/2022
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AMC Entertainment plunges 22% after the struggling meme stock proposes a reverse stock split and APE share conversion
- AMC Entertainment needs the cash because it hasn't seen a profitable quarter since June 2019, when measured by net income.
- 12/22/2022
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AMC to raise $110 million of new equity capital by selling preferred APE stock
- Yahoo Finance Live anchors discuss reports that AMC Entertainment will raise $110 million in new equity capital by selling its APE units.
- 12/22/2022
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Meme stocks gain steam, AMC hits 52-week low
- Yahoo Finance's Ines Ferré breaks down the latest moves in meme stocks.
- 12/20/2022
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AMC APE: Massive Dilution Downside Still Possible
- Shares hit new low after Avatar opening weekend disappoints. Company provides update on significant dilution.
- 12/19/2022
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AMC Stock Alert: Adam Aron Discloses $162 Million of Cash Raised
- AMC Entertainment (NYSE: AMC ) stock is down more than 8% today. This morning, CEO Adam Aron announced that the company had raised $162 million from the sale of 125.9 million AMC Preferred Equity Units (NYSE: APE ).
- 12/19/2022
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AMC highlights strong opening weekend for 'Avatar: The Way of Water', raises $162 mln through APEs
- AMC Entertainment Holdings Inc. AMC, -5.18% says that "Avatar: The Way of Water" has enjoyed a strong opening weekend, with U.S. and global admissions revenue and food and beverage revenue finishing significantly higher than the same weekend in pre-pandemic 2019, which was led by the opening of "Jumanji: The Next Level". The home theater chain and meme stock darling said that its premium formats were particularly popular over the weekend, with more than 70% of revenue for "Avatar: The Way of Water" coming from 3D, IMAX at AMC, Dolby Cinema at AMC and PRIME at AMC.
- 12/19/2022
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25 Meme Stocks to Sell Before They Die
- Since the Gamestop (NYSE: GME ) short squeeze shook the investing world in 2021, investors have been focused on finding the next meme stock. It's been a long, hard search with no clear end.
- 12/15/2022
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AMC Entertainment's APE Stock Heats Up Ahead of ‘Avatar' Launch
- Something really weird is going on in the world of theater chains and meme stocks. Today, shares of AMC Entertainment (NYSE: AMC ) are down nearly 3%, while shares of the company's preferred stock AMC Preferred Equity Units (NYSE: APE ) are up nearly 12%.
- 12/12/2022
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Is a Reverse Stock Split Coming for AMC's APE Stock?
- It's been a while since the AMC apes had anything good to report. The digital army that has powered AMC Entertainment (NYSE: AMC ) to meme stock status has watched its stock decline more than 60% since its August 2022 surge.
- 12/01/2022
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Thinking Of Buying Penny Stocks? Here's What to Look For
- Understand these tips for finding penny stocks to buy The post Thinking Of Buying Penny Stocks? Here's What to Look For appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 11/19/2022
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6 Penny Stocks to Sell Right Now
- Penny stocks are much riskier than your average investment. After all, you don't typically have a share price below $5 without some problems, be it a failing business plan, poor execution by management, etc.
- 11/17/2022
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AMC, APEs, lead meme stock rally. CEO Adam Aron says AMC will still accept crypto
- AMC Entertainment Holdings Inc. and the company's AMC Preferred Equity Units continued their rally before opening bell on Monday, climbing 12.2% and 11.2%, respectively.
- 11/14/2022
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AMC Entertainment Holdings, Inc. (AMC) Q3 2022 Earnings Call Transcript
- AMC Entertainment Holdings, Inc. (NYSE:AMC ) Q3 2022 Earnings Conference Call November 8, 2022 5:00 PM ET Company Participants John Merriwether - Vice President, Capital Markets and Investor Relations Adam Aron - Chairman and CEO Sean Goodman - Chief Financial Officer Conference Call Participants Jim Goss - Barrington Research Operator Greetings and thank you for standing by. Welcome to the AMC Entertainment Third Quarter 2022 Earnings Conference Call.
- 11/08/2022
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Is This the Week AMC Finally Bounces Back?
- A big movie and a potentially even bigger earnings report could breathe new life into AMC Entertainment stock.
- 11/07/2022
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Jim Chanos Is Long AMC Entertainment Stock, Short APE: Why He Expects The Spread To 'Collapse' - AMC Entertainment (NYSE:AMC)
- Kynikos Associates founder and famed short seller Ji
- 11/03/2022
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Down 90%, Is AMC Stock a Buy?
- Investors face two harsh realities with this company.
- 10/26/2022
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Why AMC and Its Preferred Stock Are Up Today
- Don't count on the good times lasting long, though.
- 10/25/2022
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5 Investors Betting Big on AMC Stock, And Why You Should Too
- Some skeptical traders wouldn't touch AMC Entertainment (NYSE: AMC ) stock with a 10-foot pole. Perhaps they're unhappy because the company issued a large number of AMC Preferred Equity Units (NYSE: APE ).
- 10/17/2022
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AMC Stock Is Falling. The Box Office May Never Recover
- AMC Entertainment Holdings (NYSE: AMC ) stock fell again on a report its movie theater business may never recover. Goldman Sachs issued the warning.
- 10/11/2022
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Are AMC and APE Stocks a Buy at Their 52-Week Low Prices?
- Can AMC recover with a strong holiday season?
- 10/08/2022
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Hey, AMC Stock Investors! Don't Monkey Around With APE Shares.
- Interestingly, much of the news surrounding global movie-theater chain AMC Entertainment (NYSE: AMC ) lately has nothing to do with films. Recently, AMC stock declined after the U.S. Securities and Exchange Commission (SEC) revealed it wouldn't ban payment for order flow (PFOF).
- 10/04/2022
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AMC Stock Is Hungry for a Big Hit
- The movie theater operator has tried creating a new stock class and mining for gold, but its unorthodox moves haven't done much sustained good for its shares.
- 09/29/2022
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Jim Chanos Is Long AMC Entertainment Stock, Short APE: Why He Expects The Spread To 'Collapse' - AMC Entertainment (NYSE:AMC)
- Kynikos Associates founder and famed short seller Ji
- 09/28/2022
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AMC Entertainment Consolidates APE Equity Distribution Agreement: Here's What To Watch - AMC Entertainment (NYSE:AMC)
- AMC Entertainment Holdings, Inc (NYSE: AMC) was trading about 8% higher Tuesday after a massively bearish day on Monday caused the stock to plunge about 15%.
- 09/27/2022
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AMC's APEs Are Almost Completely Pointless
- If AMC and its institutional investors agreed on the company's balance sheet strategy, there would have been no reason for the company to have issued APE shares. The wide-ranging benefits of APE issuance, as described by CEO Adam Aron, are highly questionable.
- 09/27/2022
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APE, AMC Stock Rebound After Share Sale Plunge
- AMC Entertainment (NYSE: AMC ) filed to sell 425 million more of its preferred shares. The preferred shares trade under the symbol APE (NYSE: APE ).
- 09/27/2022
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Why I've Taken A Position In AMC's APE Units
- AMC issued preferred shares in order to be able to raise equity. These preferred shares are economically equivalent to, or even slightly better than, AMC shares.
- 09/26/2022
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Why AMC Stock Is Dropping Today
- AMC is using its recently created preferred equity units to raise more capital.
- 09/26/2022
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AMC Entertainment Files To Sell Up To 425 Million APE Shares To Pay Down Debt
- Giant theater chain AMC Entertainment filed today to sell up to 425 million AMC Preferred Equity Units, or APEs, its new securities that have seen a price collapse amid a sour market and investor backlash. They sank some more early Monday, then popped higher.
- 09/26/2022
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AMC Will Likely Flood the Market with More ‘APE' Units. Both Are Falling.
- Issuing APE units gives the embattled cinema chain a new pathway for raising capital. It also raises the risk of share dilution for investors.
- 09/26/2022
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Why Are APE, AMC Stocks Falling Today?
- AMC Entertainment (NYSE: AMC ,NYSE: APE ) stock is slipping on Thursday as investors react to news of the U.S. Securities and Exchange Commission (SEC) is not banning payment for order flow (PFOF). This has traders of APE stock upset as they believe the model allows institutional traders to allegedly manipulate the price of stocks.
- 09/22/2022
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AMC's 'APE' stock tumbles toward a 5th-straight loss to a new low
- Shares of AMC Preferred Equity Units APE, -12.06% , known as "APEs," tumbled 13.3% in midday trading Thursday, as the trading vehicle of AMC Entertainment Holdings Inc.'s AMC, -7.22% special dividend headed toward a fifth straight loss and new lows. The "APE" shares, a nod to investors who turned a movie theater operator into a "meme" stock, have plunged 36.1% amid a five-day losing streak, and were trading 42.5% below where they closed ($6.00) on their first day of trading on Aug. 22.
- 09/22/2022
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Battle Of The Apes: GameStop, AMC Entertainment, APE Ahead Of Fed Decision, Here Are The Patterns To Watch - GameStop (NYSE:GME)
- GameStop Corporation (NYSE: GME) was holding strong Monday morning, rising up over 3.5% higher at one point before being knocked down to trade slightly lower in the afternoon.
- 09/19/2022
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Movie Theater Stocks Have Another Rough Weekend
- Just 1% of the country saw a movie at the multiplex this weekend.
- 09/19/2022
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AMC's APE Shares Have Slumped Since They Were Issued. AMC Has Done Even Worse.
- The shares seem to be converging just as Jim Chanos predicted.
- 09/08/2022
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What Is Going on With AMC's APE Stock Today?
- The stock market is going a bit haywire ahead of the long holiday weekend, but investors in AMC Entertainment (NYSE: AMC ) have something to cheer about. The stock has turned higher on the day, led by AMC's Preferred Equity (NYSE: APE ) stock.
- 09/02/2022
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AMC's 'APE' stock rallies toward snapping 6-day losing streak
- Shares of AMC Entertainment Holdings Inc.'s AMC, +2.08% AMC Preferred Equity Units APE, +6.75% were surging 7.4% in afternoon trading Friday, to put them on track for the first gain in seven sessions, and only the third gain since they debuted on Aug. 22. The "APE" shares, which are a nod to investors who turned the movie theater operator into a "meme stock," closed the first day of trading at $6.00 on Aug. 22.
- 09/02/2022
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"Ape" Into AMC? Buy These Explosive Growth Stocks Instead
- Investors are better off "aping" into these stocks that are growing revenue at a scintillating pace.
- 08/27/2022
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What Happened to AMC Preferred Equity After the APE Was Released This Week?
- The movie theater operator's odd stock split-like equity issuance could become a value stock.
- 08/26/2022
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Why Did Rep. Michael Garcia Just Sell His AMC Stock?
- Shares of AMC Entertainment (NYSE: AMC ) are in focus after California House Representative Michael Garcia disclosed selling between $1,001 and $15,000 worth of the movie theater chain. AMC stock has declined in recent days due to the special dividend issuance of AMC Entertainment Preferred Equity Units (NYSE: APE ).
- 08/25/2022
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Here's how legendary short-seller Jim Chanos is taking advantage of the arbitrage between AMC stock and the new APE shares
- "Let's not forget Mr. Aron arrived here in January of 2016, and much of what got this company in trouble was his aggressive approach," Chanos said.
- 08/24/2022
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AMC stock valuation skewed ‘as long as the retail shareholders are involved': Analyst
- Wedbush Securities Equity Research Analyst Alicia Reese joins Yahoo Finance Live anchors Julie Hyman, Brian Sozzi and Brad Smith to discuss AMC's $APE share fluctuation, movie releases, box office expectations, amenities, bankruptcy, and financial growth.
- 08/24/2022
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Another 483 Million Reasons to Steer Clear of AMC Stock
- There's more to the story than just the stock dividend that seemingly serves no purpose.
- 08/24/2022
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Famed short seller Jim Chanos opens a short position in AMC
- It seems that the meme stock mania is not letting up, with new power players and developments hitting the markets
- 08/24/2022
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Why Is Jim Chanos Betting Against Red-Hot AMC Stock?
- AMC (NYSE: AMC ) stock is in full focus after acclaimed investor Jim Chanos announced that he had opened a short position in the movie theater chain. However, Chanos also announced that he had purchased shares of AMC Preferred Equity Units (NYSE: APE ), resulting in an arbitrage trade.
- 08/23/2022
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First Look At The APE Chart As AMC Entertainment Preferred Equity Units Begin Trading
- AMC Entertainment Holdings, Inc AMC Preferred Equity (NYSE: APE) began trading on Monday, opening at $7.01 and surging to $10.46 within the first 30 minutes of the market open before entering into a sharp decline. APE units were halted several times intraday due to the high level of volatility.
- 08/23/2022
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Meme stocks: AMC's $APE shares drop in first day of trading, $BBBY declines
- Yahoo Finance's Brian Cheung breaks down how meme stocks are trading on Tuesday.
- 08/23/2022
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Short Seller Jim Chanos Buys APE Shares: Why Is He Taking A Long Position In AMC Preferred Equity?
- Famed short seller Jim Chanos has announced a long position in AMC Preferred Equity Units (NYSE: APE) as part of an arbitrage play.
- 08/23/2022
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Why AMC Preferred Stock Was Popping Today
- Investors are going ape for the new class of stock.
- 08/23/2022
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Interactive Brokers' Steve Sosnick breaks down recent meme stock volatility
- Steve Sosnick, Interactive Brokers chief strategist, joins 'Squawk on the Street' to discuss meme stock volatility.
- 08/23/2022
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AMC Entertainment could fall 81% as it is likely to resort to 'APE' dilution to pay down its debt, Wedbush says
- "AMC would have to issue over 900 million shares of APE to repay its entire debt balance," Wedbush said.
- 08/23/2022
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AMC Shares Fall 42% as APE Units Start Trading
- Shares of AMC (AMC) fell 42% yesterday as its new APE preferred shares began trading, while major cinema operator Cineworld warned of potential bankruptcy.
- 08/23/2022
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Will AMC's bold ‘APE' strategy be a win for the cinema chain?
- AMC Entertainment's AMC Preferred Equity Units, or APEs, made their trading debut on Monday, marking the latest chapter in an eventful journey that took the cinema chain from beleaguered pandemic victim to meme-stock phenomenon.
- 08/23/2022
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After 'APE' units make trading debut, AMC price target cut at Wedbush
- AMC Entertainment Holdings Inc.'s AMC, -5.51% AMC Preferred Equity Units APE, -13.67% made their trading debut Monday, ending a volatile session down 13.7%, outpacing the S&P 500 Index's SPX, -2.14% decline of 2.1%. AMC's stock ended Monday's session down 5.5%.
- 08/23/2022
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Explainer-How meme stock darling AMC's new preferred shares work
- AMC Entertainment Holdings Inc, the movie theater operator that investors have turned into a meme stock, completed the listing of its new preferred shares on Monday, setting the stage for a potential capital raise.
- 08/23/2022
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Fast Money's Karen Finerman breaks down the AMC APE offering
- Karen Finerman helps to understand the AMC APE offering. With CNBC's Joe Kernen and the Fast Money traders, Tim Seymour, Steve Grasso, Guy Adami and Karen Finerman.
- 08/22/2022
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AMC stock plunges following the debut of APE shares
- AMC stock is sinking after the launch of APE shares.
- 08/22/2022
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AMC Entertainment's New APE Stock Comes With a Big Catch
- Believe it or not, investors in AMC have made money today.
- 08/22/2022
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AMC's new APE dividend, preferred equity units
- CNBC's Kristina Partsinevelos joins 'The Exchange' to report on AMC's new APE dividend preferred equity units. With the I/O Fund's Beth Kindig.
- 08/22/2022
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