AMC Stock: The Big Screen News That Has AMC Theaters Gaining Once Again
Brenden Rearick, 20 July 2021
The last month has been pretty rough on AMC Entertainment (NYSE:AMC). The theater chain erased a great deal of its gains over the last few weeks, thanks to slowing momentum in the world of meme stocks. Investors in this highly volatile investing sect have seemingly turned their attention away from large plays like AMC and sent prices tumbling. But now, the company is closing a deal that can bring it some crucial revenue over the next few years; two theaters in the Los Angeles area will become AMC theaters, with the chain signing a years-long lease on the locations. As a result, AMC stock is gaining once again. Continue reading “Article: AMC Stock: The Big Screen News That Has AMC Theaters Gaining Once Again”
In a New Financial Dynamic, AMC CEO Ditches Plan to Side with Retail Investors
Tim Fries, 07 July 2021
Just a few months ago, AMC CEO Adam Aron leveraged retail traders to lead the company out of its ‘certain’ demise. After billions in raised capital, retail traders—self-proclaimed ‘apes’—have now seemingly signalled the limit to selling shares. The situation illustrates a major shift in finance, for perhaps the first time.
AMC Indebted in More Ways Than One
At the beginning of June, the Tokenist reported that 80% of AMC shares have come into the possession of retail investors. Of those, many share their extensive analysis in various subreddits. What they ultimately show is a reluctance to follow the more sophisticated fundamental analysis of companies, GameStop and AMC Entertainment in particular. Continue reading “Article: In a New Financial Dynamic, AMC CEO Ditches Plan to Side with Retail Investors”