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1 min read
AMC falls 25%, extending selloff for 2nd day after saying it may run out of money before year-end
On Tuesday evening AMC CEO Adam Aron told Bloomberg the company is not considering bankruptcy at th…
Emily Graffeo
1 min read
AMC is now accepting dogecoin for gift cards after crypto fans flooded a Twitter poll from CEO Adam Aron
The CEO added that AMC will continue to work on accepting online cryptocurrency payments by the end…
Isabelle Lee
2 mins read
Dogecoin, Merck's antiviral pill, and Nicole Kidman: Here's what AMC CEO and meme-stock icon Adam Aron has been talking about
The AMC chief executive caught the attention of Tesla's Elon Musk and billionaire investor Mark Cub…
Natasha Dailey
2 mins read
AMC extends gains as retail traders cheer announcement that it retired $35 million of its most expensive debt
The movie theater chain paid off $41.3 million of debt in an effort to lower its annual interest ex…
Natasha Dailey
2 mins read
Dogecoin fans storm AMC CEO's Twitter poll asking if the theater chain should accept the joke cryptocurrency
More than two-thirds voted for the cinema chain to accept dogecoin at all locations, while 23% said…
Ethan Wu,Camomile Shumba
2 mins read
AMC is spending $25 million to try to convince you seeing movies in theaters is better than watching them from your couch
The campaign comes amid an ongoing competition between large theater chains, movie studios, and str…
Francis Agustin
2 mins read
Redditors help send AMC stock to all-time highs
AMC has been nearly as popular as GameStop during this year's meme-stock madness, with CEO Adam Aro…
Will Daniel
2 mins read
AMC plunges 35% on fears the meme stock will be diluted by conversion of APE units
AMC plans to convert APE shares to common stock and conduct a reverse stock split in order to raise…
Jennifer Sor
1 min read
'Barbenheimer' helps meme-stock darling AMC post the best single-week admissions revenue in the theatre chain's 103-year history
"Achieving the most admissions revenue in a single week in AMC's storied 103-year history is a test…
Zahra Tayeb
1 min read
A Robinhood glitch showed customers' balances plunged to $0 or less - just 2 weeks after it mistakenly listed AMC as bankrupt on the app
"Today we experienced an issue that affected the display of your portfolio balance and for a short …
Phil Rosen
1 min read
AMC Entertainment plunges 23% after it settles lawsuit to convert APE units into common stock
AMC shareholders had previously voted down a measure that would have given the company the authorit…
Matthew Fox
2 mins read
AMC surges 21% on report that Amazon may be interested in buying the movie theater chain
A potential acquisition would end a tumultuous period for AMC, which has been on a rollercoaster ri…
Matthew Fox
1 min read
AMC stock falls after the meme darling books a deeper 4th-quarter loss than expected
The beloved meme stock fell 4.76% Wednesday to $6.78 after AMC reported a net loss of $287.7 millio…
Zahra Tayeb
2 mins read
AMC Entertainment plunges 22% after the struggling meme stock proposes a reverse stock split and APE share conversion
AMC Entertainment needs the cash because it hasn't seen a profitable quarter since June 2019, when …
Matthew Fox
2 mins read
Here's how legendary short-seller Jim Chanos is taking advantage of the arbitrage between AMC stock and the new APE shares
"Let's not forget Mr. Aron arrived here in January of 2016, and much of what got this company in tr…
Matthew Fox
2 mins read
AMC Entertainment craters 40% amid debut of 'APE' preferred equity and talks of competitor bankruptcy
"This new AMC Preferred Equity gives AMC a currency that can be used in the future to strengthen ou…
Matthew Fox
1 min read
AMC's Spiderman NFT helped generate the movie chain's second best one-day sales for 'No Way Home' premiere, CEO Aron says
Spiderman movie sequel "No Way Home" drew in the second biggest one day ticket sales in AMC Enterta…
Camomile Shumba
2 mins read
AMC jumps 10% after the meme-stock darling says record weekend for Top Gun sequel drove huge increase in attendance at theaters
"This is two-and-a-half times the biggest Tom Cruise [movie] opening ever. We're just euphoric," AM…
Matthew Fox
4 mins read
10 things before the opening bell
There's a perfect storm for rising energy costs, and gas prices are surging. This and more, in toda…
Phil Rosen
2 mins read
AMC Entertainment soars 40% after its CEO plans more strategic deals to capitalize on interest from retail investors
"Our shareholder base has given us capital to deploy with the clear expectation that we are... goin…