Where is AMC Stock Going? Latest News and Updates
Where exactly is AMC stock going? Will AMC stock go up? The movie theatre chain stock has broken below its major level of support, now trading below $5 per share. CEO Adam Aron mentioned shareholders will be able to vote on converting APE equity into AMC…
Latest Report Shows AMC FTDs Spiked to $31 Million
The latest Stocksera AMC FTD report shows that fails-to-deliver dollar amount spiked as high as $31 million in November. This is equivalent to approximately 4.3 million FTDs. The last day of the month shows FTDs amounted to $4 million, or approximately…
Webull Increases AMC’s Short Selling Fee Rate to 56.99%
The fee rate to short AMC stock on Webull is now 56.99%. The broker has labeled the movie theatre stock as ‘hard to borrow’. AMC’s short selling fee rate is quite high compared to much larger cap companies. For example: Tesla (TSLA),…
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.…
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…
