AMC Short Sellers Suffer More Than $1 Billion (2022)
AMC short sellers have suffered more than $1 billion in 2022. We’ve recently seen AMC’s short interest tumble slightly; signifying hedge funds have either returned shares back to their lender or have begun closing their short positions. S3…
AMC Entertainment Repurchases $72.5 Million of Lien Debt
AMC Entertainment just published a press release on Wednesday announcing it strengthened its balance sheet once again. The company repurchased approximately $72.5 million of its 10% second lien debt for $50 million. This represents a 31% discount. As a…
Everything You Need to Know About AMC Uber Eats Partnership
Article Published by “The Rival”. Posted on his official twitter account, AMC CEO Adam Aron tweets, “Yet another promise kept. We now partner with Uber Eats. A pilot test to deliver movie theatre treats, especially AMC perfectly popcorn, to…
Ken Griffin Spent $54 Million to Fight a Tax Increase on The Rich
Citadel’s Ken Griffin spent $54 million to fight a tax increase on the rich that would raise the rate from 5% to 8% according to ProPublica. This increase would have cost $51 million every year in extra tax. In especially good years — in 2018,…
AMC Entertainment Seats 5.9 Million Guests in Highest Grossing Weekend
AMC Entertainment just broke record this year. According to CEO Adam Aron, this was AMC’s most attended and highest grossing weekend in 2022 so far. Thor: Love and Thunder had a whopping $302 million weekend box office victory. AMC Entertainment…
