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AMC Entertainment shares moved lower in pre-market trading Friday after CEO Adam Aron made the case for another round of capital raising that would give the world's biggest movie theatre chain the ability to pursue 'value creation opportunities" for its army of retail investors.
Back in the day, farmers sometimes had to slam their mules between the eyes with a 2X4 to get their attention. Alas, that treatment is being administered to the Fed heads on practically a daily basis by the stock market gamblers, yet these stubborn inflation-deniers pay no attention at all. In fact, they keep insisting there is no inflation problem, when a virulent monetary inflation thunders all around, and insist that no material financial asset bubbles are visible, when we are in the midst of the most unhinged speculative manias of all time. For want of doubt, consider the 118% … Con...
AMC Theatres is a movie exhibition company that operates a theater chain that aims to provide a high-quality experience to its viewers.
AMC Entertainment Embraces Retail Investors, Stock Soars Past $40 To New All Time High – UPDATE Deadline 1 hr ago AMC Entertainment shares hit a new all-time high Wednesday, hitting $41.95, well above a previous 52-week record of $36 from early this year, as retail investors continued to pile in. The stock’s been on a tear for weeks in a lovefest with individual traders that began in January. It started as a addendum to the frenzy surrounding GameStop but has stepped up and out on its own, fanned by the company and its CEO Adam Araon. AMC this morning announced an unusual program called...
In a new twist, the CEO is directly engaging with the retail investor crowd.