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AMC stock , a retail trader favorite during the meme stock craze of 2021, fell 3% to close at a record low of $4.55 per share on Friday. At its lows of the day the stock was down more than 11%.
Shares in AMC Entertainment sunk 42 percent on Monday, and it was all AMC's own doing. (And it was on purpose.)
AMC Entertainment is cashing in on the revival of the meme stock trade. The struggling theater chain raised $250 million of "new equity capital" through the sale of 72.5 million shares on Monday ...
AMC stock tanked in early trading Monday, falling nearly 40% as investors feared further dilution of their common stock.Over the weekend, a Delaware court approved a merger between AMC and AMC ...
AMC’s most recent quarter showed revenue of $1.35 billion, higher than analysts' projections for $1.29 billion. The company's $0.00 earnings per share also beat Street analysts expecting a loss ...
Investors may also have been reacting to the New Year’s Day explosion of a Tesla Cybertruck, which killed the driver, and is under investigation. General view of the New York Stock Exchange.
AMC stock slid almost 8% on Monday, hitting the lowest level since the meme stock frenzy began in January 2021.Shares closed at $4.89 each. The theater operator announced that it has so far raised ...
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