Topics

Posted 8/22/2023, 2:55:12 PM

AMC Stock Is Cratering: What's Going On? - AMC Enter Hldgs (NYSE:AMC)

AMC Entertainment Holdings shares are falling ahead of a reverse stock split, causing the number of shares to increase, and the stock conversion is being done to strengthen the company's financial position and pursue growth opportunities.

benzinga.com

Relevant topic timeline:

8/23/2023

5 Things to Know Before Markets Open

Nvidia shares rise ahead of earnings report, AMC shares plummet as preferred equity is converted and reverse stock split is executed, Toll Brothers beats estimates, UPS shares rise after labor contract is approved, and US services PMI and new home sales are forecasted to improve.

8/23/2023

AMC Stock: Behind the Memes, APEs, Conversions, and Splits

AMC Entertainment Holdings, a unique movie theater chain, has garnered more attention for its stock and APE shares than for the films it screens.

8/22/2023

AMC data indicates ‘panic’ ahead of APE stock conversion, says Stocktwits

Investor sentiment towards AMC Entertainment has turned to panic as the stock sees a significant decline and faces competition from other stocks, leading to concerns about its future performance.

8/23/2023

AMC’s stock falls 21% ahead of APE stock conversion

AMC Entertainment's stock dropped 21% ahead of its stock conversion, part of the company's efforts to eliminate debt and increase authorized common shares.

8/24/2023

Disney falls further, AMC drops as market awaits stock conversion

Disney's stock is on course to reach its lowest level since 2014, showing a significant drop in market capitalization since Bob Iger returned as CEO, while AMC's stock is falling as investors anticipate its stock conversion.

8/24/2023

AMC Goes Bananas Before the APE Conversion—and the Stock Gets an Upgrade

AMC Entertainment Holdings stock surges ahead of the APE conversion and receives an upgrade from Wedbush analysts.

8/24/2023

Another Plunge for AMC Entertainment (NYSE:AMC) and the APE (NYSE:APE) Units - TipRanks.com

AMC Entertainment's stock and its Preferred Equity unit (APE) took hits, with AMC sliding nearly 27% and APE losing almost 20% in Thursday's trading, as AMC engaged in a 1-for-10 reverse stock split and the APE unit is set to be incorporated into the AMC stock; despite this, Antara Capital's sale of AMC suggests that it no longer regards the company as a distressed asset.

8/25/2023

AMC Stock Conversion to Happen Today. What to Expect.

AMC Entertainment Holdings will convert its preferred equity units to common stock during Friday morning’s opening bell, a move traders have been anticipating all week.

8/25/2023

AMC shares rise premarket, as APE units reach the end of the road

AMC Entertainment Holdings Inc. saw a 2% rise in premarket trades amidst its reverse stock split and conversion of AMC Preferred Equity unit stock.

9/6/2023

AMC shares slide 20% after theater chain announces plan to sell additional stock

Shares of AMC Entertainment fell 20% after the theater chain announced plans to sell up to 40 million new shares to raise cash, following the successful conversion of preferred APE shares into common stock and the settlement of a lawsuit objecting to the move.

9/7/2023

AMC Stock Hits New Low as Meme Music Fades

AMC stock hits a new low as meme trading loses its momentum and fails to improve the company's financial performance.

9/14/2023

AMC Stock Jumps 9% After Raising $325 Million To Boost Cash Reserves

AMC stock rises 9% after the theater chain raises $325.5 million in equity capital, improving its cash reserves and addressing liquidity concerns.

9/14/2023

AMC Bolsters Finances with $325 Million Equity Offering, Calms Bankruptcy Fears

Shares of AMC Entertainment rallied as the company completed an equity offering, raising $325.5 million to boost its cash reserves and fortify its balance sheet, giving the company flexibility to navigate the ongoing strikes and capitalize on opportunities.

Topics

Posted 8/22/2023, 2:55:12 PM

AMC Stock Is Cratering: What's Going On? - AMC Enter Hldgs (NYSE:AMC)

benzinga.com

Relevant topic timeline:

8/23/2023

5 Things to Know Before Markets Open

8/23/2023

AMC Stock: Behind the Memes, APEs, Conversions, and Splits

AMC Entertainment Holdings, a unique movie theater chain, has garnered more attention for its stock and APE shares than for the films it screens.

8/22/2023

AMC data indicates ‘panic’ ahead of APE stock conversion, says Stocktwits

Investor sentiment towards AMC Entertainment has turned to panic as the stock sees a significant decline and faces competition from other stocks, leading to concerns about its future performance.

8/23/2023

AMC’s stock falls 21% ahead of APE stock conversion

AMC Entertainment's stock dropped 21% ahead of its stock conversion, part of the company's efforts to eliminate debt and increase authorized common shares.

8/24/2023

Disney falls further, AMC drops as market awaits stock conversion

8/24/2023

AMC Goes Bananas Before the APE Conversion—and the Stock Gets an Upgrade

AMC Entertainment Holdings stock surges ahead of the APE conversion and receives an upgrade from Wedbush analysts.

8/24/2023

Another Plunge for AMC Entertainment (NYSE:AMC) and the APE (NYSE:APE) Units - TipRanks.com

8/25/2023

AMC Stock Conversion to Happen Today. What to Expect.

AMC Entertainment Holdings will convert its preferred equity units to common stock during Friday morning’s opening bell, a move traders have been anticipating all week.

8/25/2023

AMC shares rise premarket, as APE units reach the end of the road

AMC Entertainment Holdings Inc. saw a 2% rise in premarket trades amidst its reverse stock split and conversion of AMC Preferred Equity unit stock.

9/6/2023

AMC shares slide 20% after theater chain announces plan to sell additional stock

9/7/2023

AMC Stock Hits New Low as Meme Music Fades

AMC stock hits a new low as meme trading loses its momentum and fails to improve the company's financial performance.

9/14/2023

AMC Stock Jumps 9% After Raising $325 Million To Boost Cash Reserves

AMC stock rises 9% after the theater chain raises $325.5 million in equity capital, improving its cash reserves and addressing liquidity concerns.

9/14/2023

AMC Bolsters Finances with $325 Million Equity Offering, Calms Bankruptcy Fears