Will Shorts Be Forced to Close Positions in APE?
A new proposal by CEO Adam Aron has been circulating the retail community where shareholders will get to vote on the conversion of APE equity to AMC common shares. Shareholders are anticipating short sellers will close their positions in APE if the…
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.…
Claims ‘Black Adam’ Movie Will Lose Money Proven False
Mainstream media and critics have claimed that Dwayne Johnson’s ‘Black Adam’ would tank at the box office and that the film would lose money. But these claims have been proven to be false by Dwayne Johnson and his team. Dwayne Johnson…
APE Shares Fall -8.91% Despite Heavy Buying Volume
APE shares fell -8.91% on Wednesday despite having heavy buying volume. AMC’s Preferred Equity (APE) made it on Yahoo’s list as the #1 Top Most Shorted Stock on its list. According to Fintel, APE had 5.4 million shares going to dark pools…
