AMC FTDs Top 51.6 Million This Year Through June
AMC’s FTDs have skyrocketed this year. These FTDs (failure-to-deliver) are millions of orders unaccounted for in the lit market. An FTD happens when a party is unable to deliver a tradable asset or meet a contractual obligation in a transaction.…
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…
AMC Entertainment Stock Closes Trading Week Strong
AMC Entertainment stock finished the week up +8.75%. The movie theatre chain stock had a high of $15.32 and low of $13.84 on Friday. CEO Adam Aron announced on Thursday retail investors can expect a ‘pounce’ after second quarter 2022 earnings…
Short Sellers Are Now Paying More to Short AMC Stock
AMC’s short borrow fee is rising again and short sellers are now paying more to short AMC stock. This is the fee short sellers pay to borrow and short the stock. It fell as low as 0.30% earlier this year but has now risen to 18.60%. Although the…
