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AMC / AMC stock surges more than 70% after Delaware judge puts brakes APE-to-stock conversion plan

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. Read More
Posted: Jul 21 2023, 17:54
Author Name: Market Watch
Views: 110115

AMC News  

Taylor Swift's Eras Tour concert film takes its final bow at the box office this weekend

By CNBC
November 3, 2023

Taylor Swift's Eras Tour concert film takes its final bow at the box office this weekend

Heading into its final weekend, the Eras Tour film has collected $150 million in domestic receipts and more than $200 million globally. more_horizontal

AMC's debt-to-equity, late payments, could be ‘red flags,' warns Creditsafe

By Market Watch
November 1, 2023

AMC's debt-to-equity, late payments, could be ‘red flags,' warns Creditsafe

AMC Entertainment Holdings Inc.'s debt-to-equity and late payments could be financial warning signs, according to credit-monitoring and risk-managemen more_horizontal

Why Now Is the Time to Steer Clear of AMC Stock

By InvestorPlace
October 31, 2023

Why Now Is the Time to Steer Clear of AMC Stock

AMC Entertainment (NYSE: AMC ) stock has faced plenty of financial challenges in this post-pandemic world and took proactive measures. Via raising cap more_horizontal

AMC's stock headed to best two-day stretch in more than three weeks

By Market Watch
October 31, 2023

AMC's stock headed to best two-day stretch in more than three weeks

Shares of AMC Entertainment Holdings Inc. AMC, +6.48% are up 5.9% Tuesday, and are on pace for their best two-day stretch since the two days ending Oc more_horizontal

AMC Stock Alert: Get Ready for a Ticket Sale Catalyst on Nov. 9

By InvestorPlace
October 30, 2023

AMC Stock Alert: Get Ready for a Ticket Sale Catalyst on Nov. 9

Following the success of concert film Taylor Swift | The Eras Tour , which brought in over $100 million in global advance ticket sales, AMC Entertainm more_horizontal

Taylor Swift concert film surpasses $200M at global box office sending AMC shares higher

By Proactive Investors
October 30, 2023

Taylor Swift concert film surpasses $200M at global box office sending AMC shares higher

AMC Entertainment Holdings (NYSE:AMC) shares have been buoyed by the news that Taylor Swift's concert film has surpassed $200 million in global box of more_horizontal

AMC shares rise as ‘Taylor Swift: The Eras Tour' sets another record

By Market Watch
October 30, 2023

AMC shares rise as ‘Taylor Swift: The Eras Tour' sets another record

Shares of AMC Entertainment Holdings Inc. rose 1.8% in premarket trades Monday as Taylor Swift's concert film set another record. more_horizontal

7 Doomed Stocks With Nowhere to Go But Down

By InvestorPlace
October 26, 2023

7 Doomed Stocks With Nowhere to Go But Down

Investors may want to start clearing out the junk as we head into New Year 2024. In fact, if the stocks listed below are held, consider selling them. more_horizontal


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