Earlier this month, Delaware's Chancery Court gave AMC Entertainment (NYSE: AMC ) the green light to proceed with a 1-for-10 reverse stock split and an increase in authorized shares. The split will li
AMC Preferred Equity units, also known as APES, will no longer be traded on Aug. 25, and will instead be converted to common stock.
Shares of AMC Entertainment Holdings Inc. fell 10.4% Monday ahead of the company's planned stock conversion.
After a summer rally for meme stocks, the party appears to be winding down. August has traders looking at meme stocks to sell, with many formerly popular names taking big tumbles.

AMC target price lowered to $1.55 by Citi

03:38pm, Friday, 18'th Aug 2023
Citi lowered its AMC Entertainment Holdings Inc. AMC, +0.12% price target to $1.55 from $1.65 Friday and maintained its sell rating for the movie theater chain and meme stock darling. “With the rapi
Jane Street Capital and National Bank Financial have increased their positions in AMC Entertainment Holdings Inc., according to FactSet data.
AMC Entertainment (NYSE: AMC ) stock had its price target cut to $1.55 by Citigroup analyst Jason Bazinet. The analyst also kept his “sell” rating for AMC stock.
Meme stocks are low-priced stocks that ran up in price for no particular fundamental reason other than short-squeezes perpetuated by retail investor enthusiasm and social media hype. The ridiculous na
Just days after a Delaware Chancery Court granted AMC Entertainment (NYSE: AMC ) permission to convert its AMC Preferred Equity Units (NYSE: APE ) to common AMC stock, a group of the preferred shareho
Shares of AMC Entertainment Holdings Inc. rallied 8.4% Tuesday, after plunging more than 35% Monday after the company's revised stock-conversion plan was approved by the Delaware Chancery Court.
A court has approved a settlement offer between AMC Entertainment Holdings, Inc. and investors, allowing the conversion of preferred equity units into common stock. The settlement will result in a rev
AMC Entertainment (NYSE: AMC ) has been the talk of the town after Delaware's Chancery Court ruled to lift the status quo order on the company, opening the path for a reverse stock split and an increa
AMC won court approval for converting its APE shares to common stock to end shareholder litigation and paves the way for the company to raise much-needed capital.
AMC Entertainment (NYSE: AMC ) stock is plunging lower after Delaware's Chancery Court lifted the status quo order on AMC, allowing the company to convert AMC Preferred Equity Units (NYSE: APE ) into
Yahoo Finance anchors Julie Hyman and Brad Smith break down shares of AMC Entertainment (AMC) falling sharply in early trading after a judge approved the company's plan to convert its preferred equity
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