Article: AMC Stock: The Big Screen News That Has AMC Theaters Gaining Once Again

Article - Media

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”

Article: #AMCThreshold: What to Know About AMC Stock, Short Sellers and the Threshold List

Article - Media

#AMCThreshold: What to Know About AMC Stock, Short Sellers and the Threshold List

Brenden Rearick, 07 July 2021

It looks like things are becoming increasingly intense between AMC Entertainment (NYSE:AMC) fanatics and the short-sellers they are warring against. New allegations of naked shorting and illegal price manipulation are catching some serious momentum. As such, many are taking to Twitter to voice their concern and anger. #AMCThreshold is hitting the trending tabs as the AMC apes get their favorite stock trending yet again.

Much of the attention around AMC comes from the fact that the play has remained on the U.S. Securities and Exchange Commission’s threshold list for multiple consecutive days. Continue reading “Article: #AMCThreshold: What to Know About AMC Stock, Short Sellers and the Threshold List”

Article: ITUB Stock: A Story of Reddit, Warren Buffett and Currency Manipulation Allegations

Article - Media

ITUB Stock: A Story of Reddit, Warren Buffett and Currency Manipulation Allegations

Brenden Rearick, 16 June 2021

You’ve got to hand it to r/WallStreetBets: They’ve gotten very robust in their stock selection process as compared to the GameStop (NYSE:GME) era. The message board, which has grown significantly in the first half of the year, is picking mortgage REITs and private prisons as some of the latest meme stocks. It should not be a surprise then that the retail investor group is looking to follow whales to new frontiers, like they are doing today with Itaú Unibanco Holdings (NYSE:ITUB) stock. Continue reading “Article: ITUB Stock: A Story of Reddit, Warren Buffett and Currency Manipulation Allegations”