AMC Entertainment Trades +42% in The Past Month
AMC Entertainment trades higher in the past month as it breaks major support levels it created last year when the stock soared to $72 per share. The movie theatre chain had a low of $5.05 in the past 30 days but has now begun trading above $8 levels. AMC…
Nasdaq Reports 0.18% APE Institutional Ownership
Nasdaq’s latest report on APE is showing the security only has 0.18% in institutional ownership. AMC’s Preferred Equity was recently listed on Yahoo Finance’s ‘Top Most Shorted Stocks List‘. The stock has had an insane…
AMC Entertainment Launches Online Merchandise Store
AMC Entertainment just launched their online merchandise store. Shareholders have been inquiring about AMC branded merch since last year during quarterly earnings call announcements. Now AMC Entertainment has officially begun doing business with their…
Amazon is Investing Billions in the Movie Theatre Industry
BREAKING: Amazon plans to invest more than $1 billion per year into theatrical distribution releases per Bloomberg news. Amazon.com Inc. will be investing billions of dollars to produce movies that will release in theatres, according to people familiar…
Citigroup Has Been Shorting AMC for Over a Year
Citigroup is giving AMC Entertainment a salty $1.20 price target after shorting the stock the past year. The institution has filed a 13F-HR form disclosing ownership of 158,173 shares of AMC Entertainment Holdings, Inc. The holdings are valued at $1.1…
