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…
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…
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…
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.…
