AMC Entertainment Holdings Inc. took Wall Street by surprise with the announcement of its “APE” special dividend after market close on Thursday. This, of course, is a company that is no stranger to bold moves, as evidenced by the movie theater chain’s $27.9 million investment in gold and silver miner Hycroft Mining Holding Corp. HYMC,…
Read More “AMC takes aim at massive debt burden with ‘APE’ special dividend” »
AMC Entertainment Holdings Inc.’s stock fell more than 7% in extended trading on Thursday after the company announced a special dividend in the form of “Ape” preferred shares. The dividend marks the latest move in a fight over stock issuances. AMC Entertainment Holdings Inc. AMC, +2.47% has turned to the special dividend after it was…
Read More “AMC announces special dividend in the form of ‘Ape’ preferred shares; stock falls” »
For all its downward dips so far this year, the stock market may not be scaring off many retail investors, polling and purchase data suggest. One quarter (26%) of people said the stock market is the best place to tuck away money they will not need to tap for a decade, according to a new…
AMC has experienced a rollercoaster couple of years that took the theater chain from beleaguered pandemic victim to meme stock phenomenon. So what’s next? AMC Entertainment Holdings Inc. AMC, +0.99%, which describes itself as the largest movie theater company in the world, operated 1,004 movie theaters pre-Covid. But the pandemic hit the company hard, forcing…
Stocks are set to veer south post holiday, following earlier optimism over reports President Joe Biden may lower tariffs on some Chinese goods to help ease the inflation sting. There isn’t much to explain the moodiness of stocks, which logged gains on Friday, but weekly losses on worries about a recession spurred on by rising…
Read More “Here’s how far house prices are set to fall as rates go up, says Capital Economics” »
