AMC CEO Asks for Pay Freeze as Shares Slide
AMC CEO Adam Aron announced he will not be receiving a pay raise for the new year. His decision comes as shares of AMC Entertainment stock slide just under $4 per share. The movie theatre chain leader said on Twitter that he does not want…
APE Shares Rise More Than 75%: Will They Keep Rising?
APE shares rose more than 75% on Thursday. Volume skyrocketed past 177.6 million, up 158 million in trading volume from its average of 19.6 million. Shares rose from $0.67 its previous closing day to $1.20. The equity is currently up 5% after hours. So,…
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.…
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…
Wall Street Has Decimated APE Stock
Retail investors are angry at regulators for allowing Wall Street to decimate APE stock. While AMC’s Preferred Equity (APE) was intended for the company to capitalize on, banks, institutions, and short sellers have abused shares to the ground. The…
