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AMC shares fall after Iceberg Research discloses short position FILE PHOTO: An AMC theatre is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021. REUTERS/Carlo Allegri July 2, 2021 By Akanksha Rana and Sinéad Carew (Reuters) -AMC Entertainment shares closed down 4% on Friday after short-seller Iceberg Research tweeted that it had made a bearish bet against the theater chain operator’s stock. The so-called meme stock closed at $51.96 after falling almost 12% to $47.77 in morning trading after Iceberg’s twee...

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Print AMC Entertainment, owner of the world’s largest cinema chain, appears to be closing in on key Los Angeles-area Pacific Theatres locations, according to a person familiar with the matter who was not authorized to comment. However, the fate of Pacific’s defunct sister chain, ArcLight Cinemas, including its flagship Hollywood theater and the historic Cinerama Dome, remains unclear. In an apparent snafu, two Pacific movie houses at Rick Caruso-owned shopping complexes — the Grove in Los Angeles and the Americana at Brand in Glendale — were prematurely listed Tuesday as AMC locatio...

Investors haven’t been deterred by the fact that AMC is still losing money, bleeding cash and facing a mountain of debt.

Analysis-With popcorn and tweets, AMC's Aron rides retail investor wave By David Randall and Sinéad Carew Reuters NEW YORK (Reuters) - Free popcorn for shareholders. Following more than 500 die-hard fans of his company's stock on Twitter. Retweeting a video of what appears to be an airplane flying a banner with the meme-stock rallying cry "AMC to the Moon" around Manhattan. Welcome to the world of AMC Entertainment Holdings Inc Chief Executive Adam Aron, who since the beginning of the year has taken to new heights the role of chief promoter of a company that was on the brink of bankrupt...