Has AMC Entertainment Stock Reached the Bottom Yet?
AMC Entertainment stock closed at $6.12 on Tuesday. The movie theatre chain stock was unable to break below $6 after a big support level was tested at least five times. Does this signify AMC Entertainment stock has reached the bottom? It’s…
Gary Vee’s ‘VeeFriends’ Partners Up With Toys”R”Us
Gary Vaynerchuk’s ‘VeeFriends’ is partnering up with Toys”R”Us and Macy’s for the new launch of limited edition plush collectible characters. The collection is converting actual digital ‘VeeFriends’ NFTs to…
How High Can APE Stock Go?
AMC’s Preferred Equity (APE stock) has made it available for the company to raise cash instantaneously. The company announced in September it would sell up to 425 million APE shares to pay down their debt. AMC Entertainment has steadily improved…
APE Trades At $2 Despite Strong Shareholder Sentiment
APE shares have fallen from $7 to the current $2 price. AMC’s Preferred Equity reached 20.1 million in average volume but has been dropping by nearly half during this market downturn. Shareholders remain bullish despite the company announcing the…
AMC is Selling 425 Million APE to Pay Down Debt
AMC Entertainment is selling 425 million APE shares according to the movie theatre chain’s recent Form 8-K filings. CEO Adam Aron advised investors AMC’s Preferred Equity (APE) would provide the company with additional capital to pay down…
