Latest Report Shows AMC FTDs Spiked to $31 Million
The latest Stocksera AMC FTD report shows that fails-to-deliver dollar amount spiked as high as $31 million in November. This is equivalent to approximately 4.3 million FTDs. The last day of the month shows FTDs amounted to $4 million, or approximately…
APE Shares Rise More Than 75%: Will They Keep Rising?
APE shares rose more than 75% on Thursday. Volume skyrocketed past 177.6 million, up 158 million in trading volume from its average of 19.6 million. Shares rose from $0.67 its previous closing day to $1.20. The equity is currently up 5% after hours. So,…
Webull Increases AMC’s Short Selling Fee Rate to 56.99%
The fee rate to short AMC stock on Webull is now 56.99%. The broker has labeled the movie theatre stock as ‘hard to borrow’. AMC’s short selling fee rate is quite high compared to much larger cap companies. For example: Tesla (TSLA),…
AMC Entertainment Cancels Cineworld Acquisition Negotiations
AMC’s CEO says talks have been halted with Cineworld lenders relating to the possibility of several acquisitions. Adam Aron says all talks AMC Entertainment had about acquiring Cineworld/Regal movie theatres are now officially off the table.…
Wells Fargo Fined $3.7 Billion in Widespread Illegal Activities
[ZeroHedge] Wells Fargo has been ordered to pay $3.7 billion by the Consumer Financial Protection Bureau (CFPB) for a variety of illegal activity, including wrongfully foreclosing on homes, illegally repossessing vehicles, incorrectly assessing fees and…
