AMC Invests $250m in State of The Art Laser Projectors
AMC CEO and President Adam Aron just announced on Friday the movie theatre company spent a quarter billion dollars in state of the art laser projectors. The world’s largest movie theatre chain also acquired 7 new movie theatres earlier in April.…
Tiger Global Hedge Fund Sinks a Massive 34% This Year
Tiger Global has an AUM of $95 billion, that’s $57 billion more than Citadel’s AUM of approximately $38 billion. The monster hedge fund is managed by Chase Coleman, 46, who was up until now considered to be a hedge fund legend. Tiger Global…
AMC Falls After Trading Halt: Was This Illegal?
AMC falls more than 8% the day after market makers halted trading, though the SEC has the power to halt trading as well. The theatre chain stock had risen to more than $34 per share shortly after the market opened. But a trading halt seized retail…
AMC and GME Stock Get Halted During Trading Surge
AMC and GameStop were halted shortly after the market opened this morning. AMC stock reached a high of $34.09 and GameStop reached a high $199.24 before plunging. The halts seized the ‘meme stocks’ from soaring, momentarily freezing momentum.…
BREAKING: Citadel Under Investigation by Department of Justice
Bloomberg just confirmed Citadel is one of the hedge funds under investigation by the Department of Justice. Regulators are taking Morgan Stanely and several other hedge funds to court after several subpoenas were sent out earlier this year.…