What is Going on with AMC’s Preferred Equity (APE)?
AMC’s Preferred Equity (NYSE:APE) is up +50% this year-to-date after coming down more than -70% in the past year. Talks have surfaced about a possible conversion of APE shares back to AMC Entertainment (NYSE:AMC) common stock. APE served as a…
Will AMC Stock Keep Rising this Week? (Updates)
AMC Entertainment (NYSE:AMC) stock is currently trading around $5.64 per share. The movie theatre stock had fallen below $4 just weeks ago but has risen above main support levels again. AMC stock is up approximately 2% on Monday morning despite low…
Avatar Exceeds AMC Entertainment CEO’s Box Office Prediction
AMC Entertainment (NYSE:AMC) CEO Adam Aron said his predictions were easily surpassed as Avatar: The Way of Water exceeded $570.3 million domestically. Adam Aron said on Twitter last week, “Next week, it has a good short of hitting $550 million…
Where is AMC Entertainment Stock Headed Next Week?
AMC Entertainment stock closed the trading week up more than +30%. The company stock seems to have bottomed out around $4-$5 key levels. Fintel is currently reporting AMC’s short interest at 22.02%, which means short sellers continue to short the…
Robinhood and Citadel Colluded Night Before Trading Restrictions
The U.S. House Committee on Financial Services just published a press release stating Robinhood and Citadel Securities engaged in ‘blunt’ negotiations before the trading of ‘meme stocks’ occurred. The press release states that…
