Did AMC Stock Just Bottom Out?
AMC stock surged to $4.92 closing up +21.18% on Wednesday. No major catalyst moved the stock, though trading volume did exceed almost twice its average volume of 26 million. The movie theatre chain stock demonstrated strong bullish price action today,…
93% of AMC Shareholders Say They’re Holding This Year
In a poll with nearly 4,000 market participants, 93% of AMC shareholders said they will continue to hold AMC shares in 2023. 7% of market participants voted they no longer hold or will not hold the stock throughout the new year. The high percentage of…
AMC CEO Says He Will Not Sell Shares Any Time
Adam Aron just said on Twitter that he will not be selling AMC shares any time soon. “Some of you forget that I currently own or will vest in about 3 million AMC shares and 3 million APE preferred units. That is an enormous incentive to do what is…
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…
Netflix’s Showing in Theatres Could Have Made $200 Million!
In October, AMC announced its first ever Netflix showing in 200 theatres. Glass Onion: A Knives Out Mystery starring Daniel Craig was released in the U.S. as well as the UK, Ireland, Italy, Germany, and Spain. CEO Adam Aron stated on Twitter that success…
