How High Can APE Stock Go?
AMC’s Preferred Equity (APE stock) has made it available for the company to raise cash instantaneously. The company announced in September it would sell up to 425 million APE shares to pay down their debt. AMC Entertainment has steadily improved…
APE Trades At $2 Despite Strong Shareholder Sentiment
APE shares have fallen from $7 to the current $2 price. AMC’s Preferred Equity reached 20.1 million in average volume but has been dropping by nearly half during this market downturn. Shareholders remain bullish despite the company announcing the…
AMC is Selling 425 Million APE to Pay Down Debt
AMC Entertainment is selling 425 million APE shares according to the movie theatre chain’s recent Form 8-K filings. CEO Adam Aron advised investors AMC’s Preferred Equity (APE) would provide the company with additional capital to pay down…
SEC Spent $460K on “Investomania” Meme Stock Ad
The SEC spent nearly half a million dollars on the ‘meme stock’ ad campaign that ridiculed millions of retail investors. A Twitter user had sent in a FOIA application inquiring about the costs to produce “Investomania”, the video…
AMC Surges 18% on The Weekly Timeframe
AMC Entertainment stock is up 18.15% on the weekly chart. Stock prices had fallen after shares were split with AMC’s Preferred Equity (APE), but a rebound has brought shares up again. AMC finished up +5.14% on Monday, opening at $9.98 with a high…
