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…
HYMC Stock Jumps 25% After More Gold is Discovered
Hycroft Mining (NYSE:HYMC) stock jumped more than 25% on Tuesday when news surfaced that the company had discovered more gold, and more silver than anticipated. Shares rose to $0.57 from a low of $0.44 the previous trading day. AMC CEO Adam Aron made the…
AMC Entertainment Shares Fall to January 2021 Levels
AMC Entertainment shares have fallen below $5. The last time shares traded at this level retail investors were aiming at squeezing short sellers from their positions. Retailers who aimed to push AMC’s share price above $100 per share when it…
Adam Aron Addresses Falling APE Shares
AMC shareholders have been urging CEO Adam Aron to address APE, AMC’s Preferred Equity as shares fall below $1. APE has taken a nosedive from $7 to the current share price of $0.68. Retail investors have demanded the CEO to speak out on…
