Amc stock news

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Amc stock news

It operates through the U. Markets and International Markets segments. The U. Markets segment is involved in owning, leasing, or operating theaters and screens in the U. This browser is no longer supported at MarketWatch. For the best MarketWatch. Market Data. Latest News All Times Eastern scroll up scroll down. I asked my broker to convert my bonds to cash. Can I sue?

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Key events shows relevant news articles on days with large price movements. GameStop Corp. GME 0. Hycroft Mining Holding Corporation. HYMC 2. SPY 0.

Amc stock news

Shares of AMC Entertainment fell sharply on Wednesday after the theater chain said in a filing that it plans to sell up to 40 million new shares to raise cash. The stock dropped It followed the settlement of a lawsuit objecting to the move. The theater chain sold millions of shares of common stock in recent years after becoming one of the so-called meme stocks popular with retail traders. The sales helped AMC stabilize itself after the Covid pandemic effectively halted the theatrical movie business. However, AMC used up its allotment of stock and needed shareholder approval to issue more.

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Aron concluded, "Through methodically fortifying our financial position as we progress along our recovery trajectory, we ensure our ability to manage through industry challenges, including the ongoing impact of the Hollywood strikes earlier this year, and position AMC to thrive in the future as we deliver value to our shareholders. AMC is the largest movie exhibition company in the United States, the largest in Europe and the largest throughout the world with approximately theatres and 10, screens across the globe. AMC has propelled innovation in the exhibition industry by: deploying its Signature power-recliner seats; delivering enhanced food and beverage choices; generating greater guest engagement through its loyalty and subscription programs, website, and mobile apps; offering premium large format experiences and playing a wide variety of content including the latest Hollywood releases and independent programming.

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