AMC CEO Says a DRS Will Prevent Shorting
AMC CEO Adam Aron said during Q3 announcements that by using a DRS, or Direct Registration System, investors could prevent the company stock from being shorted. “If you direct register your shares, they cannot be shorted”, said the CEO. Now…
Shareholders and The Public Are AMC’s Only Hope
Short and distort campaigns are flooding Twitter after AMC Entertainment beat Q3 earnings. AMC’s share price tumbled despite the company having beat earnings expectations for Q3 of 2022. Variety says AMC’s partnership with Zoom is bizarre and…
AMC Reduces Debt by $106 Million And Extends Maturities
AMC has reduced its debt load by $106 million and has extended its maturities until the year 2027. The company capitalized on APE to cut some debt off the top before taking on new debt due in five years from now. AMC has replaced $506 million due in 2023…
Is A Massive AMC Rebound Underway?
AMC Entertainment stock is respecting the $6 level of support very well. The stock rejected a breakout towards the downside five times on Tuesday. While the stock did end up below $6 on Wednesday, it began moving back towards the support level after…
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…
