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(AMC), Gamestop Corporation (NYSE:GME) - AMC Entertainment Must Hold This Key Resistance Level
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AMC stock was stable Thursday afternoon after reporting first quarter results.
This marks a contrast to when AMC stock skyrocketed in unison with GameStop stock in early 2021.
Here is a guide on how to buy AMC stock.
AMC Entertainment Holdings Inc (NYSE: AMC) ranked just behind GameStop as the second most popular “meme stocks” in early 2021. At its peak, AMC stock traded at $20.36 but has since fallen below the $10 per share level.
Despite losing 50% in value from its peak, AMC Entertainment stock is still up more than 350% since the start of 2021. On Thursday, AMC stock was in focus as it reported first quarter results after closing bell. Surprisingly, AMC stock was trading flat after the earnings results an unusual outcome from one of the most popular Reddit Wall Street Bets stocks.
Home / Market News / : AMC to sell up to 43 million fresh shares, but calls off plans to seek approval for 500 million more
: AMC to sell up to 43 million fresh shares, but calls off plans to seek approval for 500 million more
AMC Entertainment Holdings Inc. shares dipped in after-hours trading Tuesday, after the theater chain disclosed plans to sell millions of fresh shares while revealing early returns from reopened theaters, but said it would not ask shareholders to approve the potential sale of 500 million additional shares.
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(AMC), Gamestop Corporation (NYSE:GME) - Why AMC Is Scrapping The Plan To Issue 500 Million New Shares
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