AMC Entertainment (NYSE:AMC) CEO Adam Aron has cursed two mainstream media outlets in the past week.
The CEO expressed his anger on Twitter as bigger media outlets continue to report misinformation about the movie theater chain company.
“Market Watch currently showing 93.79 billion APEs outstanding. Clearly WRONG, wildly so. We are calling them now demanding this get corrected immediately. Also reviewing many other data sources to check for accuracy. So curse-word-here irresponsible that they publish false info,” said the CEO on Twitter.
The CEO had no comments on Robinhood though users did report the broker eventually fixed AMC’s market cap.
But the latest misinformation by Benzinga really upset the CEO.
Last month, reports came out about Amazon considering the acquisition of AMC Entertainment.
Amazon insiders said these were real talks within the company but that neither party had any real offers on the table.
Here is where Benzinga messed up.
Benzinga Reports False Information about AMC
The media company was reporting on its website that AMC Entertainment was acquired by Amazon.com on Tuesday, March 28, 2023.
Benzinga later made the following statement:
“A Benzinga stock profile page inadvertently displayed information about AMC Entertainment and Amazon that originated from a rumor reported by another media outlet earlier this week.
The stock page should have noted the unconfirmed nature of the information and the language has been removed.”
But AMC’s CEO wasn’t content with the statement.
Adam Aron cursed the media outlet on social media stating the following:
“It is longstanding company policy not to comment on M&A rumors and speculation. Comment once, you have to do it always. But then comes along this DUCKING web site. Obviously the information highlighted in orange did not happen on March 28! #AreTheseDUCKERSjustDumbOrEvil“
“Many 4-letter words rhyme with DUCK. Buck, Cuck, Huck, Luck, Muck, Puck, Suck, Tuck,Yuck. Can you think of any four letter word I forgot to include? To paraphrase the talented and always lively Samuel L. Jackson, “I am aghast and angry http://Benzinga.com, you Mother Duckers.”
The CEO later said, “the 2023 award for Dumbest Most Incompetent Web Site on the Planet goes to… http://Benzinga.com! While it issued a correction after we shamed them Sunday, I do not see an apology. But that doesn’t matter because we would not have accepted it. Shameful contemptible conduct!”
Apes Have Warned the CEO of Mainstream Media
In the past, apes have warned the CEO of mainstream media misconduct.
Now Adam Aron is getting a taste of what shareholders have been putting up with and reporting for years now.
For too long, the CEO neglected to acknowledge the manipulation of the media and other reports related to the company’s stock.
Perhaps this will lead AMC CEO Adam Aron to go down the rabbit hole of the injustices occurring in his company stock.
But I’m curious to know what you think.
Leave your thoughts below.
AMC Entertainment stock is down more than -22% on Tuesday.
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