Amc stock news
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It operates through the U. Markets and International Markets segments. The U. Markets segment is involved in owning, leasing, or operating theaters and screens in the U. This browser is no longer supported at MarketWatch. For the best MarketWatch. Market Data.
Amc stock news
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Shares of AMC Entertainment fell sharply on Wednesday after the theater chain said in a filing that it plans to sell up to 40 million new shares to raise cash. The stock dropped It followed the settlement of a lawsuit objecting to the move. The theater chain sold millions of shares of common stock in recent years after becoming one of the so-called meme stocks popular with retail traders. The sales helped AMC stabilize itself after the Covid pandemic effectively halted the theatrical movie business. However, AMC used up its allotment of stock and needed shareholder approval to issue more. The company issued the preferred APE shares as part of a strategy to change its corporate voting structure and get shareholder approval to sell additional common stock. AMC said in the filing Wednesday that it will sell the new shares through "at-the-market" offerings, without a specific time frame.
Amc stock news
Movie theater chain and original meme stock AMC reports fourth-quarter results after market close on Wednesday. AMC AMC also has an opportunity to drive revenue growth from its European circuit with theater upgrades that would boost per-screen averages, she added. Related: AMC hits another record low close, reflecting demise of its 'meme-stock' status.
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Learn more. EBITDA Earnings before interest, taxes, depreciation, and amortization, is a measure of a company's overall financial performance and is used as an alternative to net income in some circumstances. Price to book. Economic Indicators Center. Media Buzz. Add Tickers. Economic Calendar. Penny Stocks. The total amount of assets owned by a company. Total equity The value of subtracting the total liabilities from the total assets of a company. Earnings before interest, taxes, depreciation, and amortization, is a measure of a company's overall financial performance and is used as an alternative to net income in some circumstances.
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