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2 mins read
AMC is officially accepting bitcoin and ether in online payments with dogecoin coming next, CEO says
"We proudly now accept: drumroll, please bitcoin, ether, bitcoin cash, and litecoin," AMC CEO Aron …
Isabelle Lee
1 min read
AMC CEO says the movie theater chain could issue its own cryptocurrency
"There are a lot of reasons why AMC could be a successful issuer of cryptocurrency as well as a red…
Isabelle Lee
2 mins read
Reddit traders pushing AMC stock have helped add over $120 million to CEO Adam Aron's fortune since the start of the year
CEO Adam Aron holds roughly 4.2 million shares of AMC. They've helped him add more than $120 millio…
Will Daniel
1 min read
AMC Entertainment soars 37% after it avoids bankruptcy with near $1 billion cash infusion
"Today, the sun is shining on AMC...any talk of an imminent bankruptcy for AMC is completely off th…
Matthew Fox
1 min read
AMC soars 29% as the theater chain prepares to reopen locations in California
AMC shares popped up on Monday as the movie chain prepares to reopen locations across California, i…
Carla Mozée
2 mins read
AMC wants to issue 25 million more shares after a 2,300% rally this year, to help it chase acquisitions 'hard'
AMC has raised around $800 million through share sales in recent days, but it now wants to further …
Harry Robertson
2 mins read
Mudrick Capital calls AMC overvalued and offloads its entire stake at a profit the same day its $230.5 million share purchase is disclosed, new report says
Mudrick Capital had purchased 8.5 million AMC shares for $27.12 apiece. News of the sale sent AMC s…
Carla Mozée
2 mins read
AMC soars 37% after issuing $100 million in debt to stave off bankruptcy
AMC previously warned that widespread theater closures and weak attendance could wipe out the compa…
Ben Winck
2 mins read
AMC Entertainment buys 22% stake in a Nevada gold mine to diversify away from movie theater business
"In 2021, our retail shareholders armed us with a $1.8 billion war chest to play on offense and gro…
Matthew Fox
1 min read
Another hedge fund is shorting AMC as the meme-stock darling falls below $30
AMC's momentum has slowed as the stock has fallen below $30. And as its price slumps, short bets ag…
Ethan Wu
2 mins read
AMC pares steep losses after the Reddit favorite raises nearly $590 million in new share sale
AMC said investors risk losing all or a chunk of their investment, with the caution coming as the c…
Carla Mozée
2 mins read
With the box office slow to recover, AMC plans to start selling its movie theater popcorn in stores and delivery apps
AMC CEO Adam Aron says the idea of selling movie theater popcorn via delivery, takeout, mall retail…
Sarah Jackson
2 mins read
The biggest shareholder of Reddit darling AMC downsized its stake after the theater chain's record $4.6 billion loss last year
Since December, AMC's largest shareholder, the Chinese conglomerate Dalian Wanda Group Co. trimmed …
Natasha Dailey
1 min read
AMC surges past $30 Friday amid blistering five-day rally bolstered by Reddit
Shares of AMC Entertainment have tripled in just five days of trading, as retail traders pour into …
Natasha Dailey
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
AMC leaps 23% after announcing plans to reopen 140 theaters by Saturday
Most of the reopenings will arrive before "Tenet" releases on Thursday, AMC said. The company plans…
Ben Winck
2 mins read
AMC and GameStop lose momentum as the meme-stock favorites stage multi-day declines
Since the start of July, AMC and GameStop have fallen around 21% and 11%, respectively, as interest…
Ethan Wu
1 min read
AMC cancels vote on the sale of 25 million new shares after investors diverge from CEO and rally against it
AMC stock jumped as high as 5.9% as the movie theater chain called off vote on the sale of millions…
Emily Graffeo
1 min read
AMC jumps 10% as the Reddit favorite reports the most customers in a weekend since reopening
Driven by hot weather and the opening of "Fast and Furious 9," AMC saw more than 2 million guests v…
Matthew Fox
1 min read
Silver Lake, a major investor in AMC Entertainment, just sold all of its shares for a $113 million profit
After Reddit traders sent AMC shares skyrocketing this week, Silver Lake converted $600 million in …