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2 mins read
AMC climbs 15% as Reddit traders pounce on newly available shares dumped by its biggest holder
"We now hold the future of this company!" said one Redditor posting on the site's Wall Street Bets …
Natasha Dailey
2 mins read
Outrageous or Splendid! China wishes to turn bits of Haryana into Shanghai
This will be one of the biggest investments in India by a Chinese company that wants a blanket clea…
2 mins read
China's richest man is looking for successor to take over his $92 billion empire
Wang’s business includes shopping malls, theme parks, sports clubs and cinemas. "I have asked my so…
2 mins read
FDI push: 150 foreign companies have been identified as potential investors
Another set includes companies that had planned to invest India but didn’t do so due to the regulat…
2 mins read
Modi effect? China’s top real estate player looks to invest $10 bn in India
If everything goes fine, the Group will invest $10 billion in India in the next 10 years to constru…
5 mins read
Apollo Global partner reveals strategy behind firm's acquisition of 'Dune' producer Legendary, TV station group Tegna, and plans for further media M&A and 'our own IP'
Private equity is flooding Hollywood and media with cash as Netflix, Disney, and more spend billion…
Claire Atkinson
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
2 mins read
AMC shares have surged 146% in just 4 days as gleeful Reddit traders squeeze shorts, pushing the stock well above January highs
Shares approached $30 Thursday with one-day gains as high as 56% as Wall Street Bets poured into th…
Natasha Dailey
2 mins read
Elizabeth Olsen says Scarlet Witch was supposed to kill more characters in 'Doctor Strange in the Multiverse of Madness'
In a new interview with Variety, the actress spoke about getting into the mindset of her character …
Olivia Singh
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
2 mins read
AMC CEO Adam Aron says companies should listen to individual shareholders - but one analyst says being accountable to millions of people is 'like answering to no one'
"It's not like any of them are going to really have leverage over him as the CEO," said investing a…
Natasha Dailey
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
3 mins read
'Doctor Strange in the Multiverse of Madness' just introduced a new superhero. Here's what you should know about America Chavez.
Xochitl Gomez makes her debut as America Chavez, a 14-year-old with the ability to travel through t…
Olivia Singh
2 mins read
A rotation into cannabis stocks by retail investors has a lot more room to run as the latest meme-stock rally fades, research firm says
Investors are paying renewed attention to cannabis stocks like Tilray, Sundial Growers, and Cronos,…
Carla Mozée
2 mins read
Reddit favorite AMC jumps another 23% after raising $230.5 million to 'go on offense' with acquisitions
"With our increased liquidity, it is time for AMC to go on the offense again," CEO Adam Aron said a…
Carla Mozée
2 mins read
AMC rises as S&P upgrades the Reddit favorite, citing a path to sustainability for the theater operator
AMC has raised $1.8 billion in total equity this year which it should use to pay down debt, says S&…
Carla Mozée
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
AMC short sellers are digging in despite a 5-day rally in the stock that's driven billions in losses, data shows
New data suggest short sellers haven't covered their positions amid the AMC stock rally but have in…
Natasha Dailey
2 mins read
AMC surges 126% as Reddit cheerleaders overpower large hedge-fund share sale
Mudrick Capital dumped millions of AMC shares the same day the stock sale was disclosed, though the…
Natasha Dailey
2 mins read
Retail traders have poured $1.27 billion into meme stocks in 2 weeks - matching the peak during the GameStop short squeeze in January
Renewed interest in meme stocks began with AMC Entertainment in late May and has spread to new name…