Tag: AMC
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AMC stock has doubled in just ten days, extending a 13-fold rally this year: Investors shorting the meme stock AMC Entertainment are estimated to have lost $1.23 billion over the last week as the shares rallied more than 116% since Monday, according to data from S3 Partners. AMC was the…
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+ Business+ AMC, Financial markets, Hedge funds, Meme stocks, Money, Personal finance, Reddit, Short sellers, Short squeeze, Stock Market, Stocks+
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CEO Adam Aron told FOX Business Network’s “The Claman Countdown” Monday that the company has asked its shareholders to approve up to 500 million shares, even though there is no intention of using them all at this time. Aron insists he doesn’t plan to issue them all at once: And…
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I came across a shocking fact this morning: 28% of Americans bought a meme stock like GameStop or AMC in January: Over a quarter of American adults say they bought GameStop (GME) or another viral stock in January, according to a new survey from Yahoo Finance and The Harris Poll.…
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As COVID forced AMC to close all its movie theaters in the spring of 2020, it played hardball with its landlords in order to survive. From a letter to landlords: “Without revenue from its theatres,” the letter continues, “AMC will cease paying rent and charges under the lease effective as…
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As someone who makes a living from investing, I have watched the Gamestop/Wallstreetbets events with interest. Today, I decided to venture into the belly of the beast and try to find out what these traders are all about. I noticed two common patterns: 1) Us-vs-them thinking. The individual trader versus…
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+ AMC, Day trader, Gamestop, Investing, Meditation, Mindfulness, Self-improvement, Stock Market, Stocks, Wallstreetbets+
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