What Can We Expect from AMC’s Next Earnings Call?
AMC’s next earnings call is expected to happen on March 1st. The report will be covering AMC’s financials for Q4 of 2021, the year ‘meme stocks’ stunned the financial world. The movie theatre company said it expects revenue of…
Largest Pension in America Buys AMC and GameStop Stock
The largest pension in the U.S. just loaded up on AMC and GameStop (GME) stock. The pension (Calpers) also increased its position in Warren Buffet’s firm, Berkshire Hathaway and sold 11% from its stake in Palantir Technologies (PLTR). California…
Regulators Are Taking Morgan Stanley and Hedge Funds to Court
Regulators are taking banks such as Morgan Stanley and multiple hedge funds to court. Financial institutions have been receiving subpoenas ordering them to court after several investigations, more on that below. Retail investors have been demanding the…
CEO Strengthens AMC Theatres by Acquiring Cinemark Cinema Lease
AMC Theatres is reopening Cinemark’s former lease as AMC Evanston 12 in Chicago. AMC Entertainment showed much strength after it announced it was refinancing its debt and bringing former Frito-Lay executive Ellen Copaken on board. Now the…
Renaissance Tech Increased AMC Positions by 800% and Sold Tesla
Jim Simmons’ Renaissance Technologies firm just increased their AMC position. The firm increased its stake in AMC Entertainment by 87% alone just last quarter and trimmed its Tesla position. RenTech is only one of many financial institutions who…
