AMC Stock Falls After Exhibitor Reveals Plan To Sell Up To 50M Shares; Investors Fume On Social Media
Bolstering liquidity and repaying, redeeming or refinancing the companys existing debt are additional priorities. The terms $AMC and Adam Aron started trending on social media soon after the filing emerged. #AMC is doomed to fail. AMC Entetainment’s Empire 25 megaplex in New YorkLeonardo Munoz/VIEWpress via Getty Images Others lamented the momentum-killing effect after a record-setting Thanksgiving period for AMC and other theater chains. A new post Thursday by investor Keith Gill, aka Roaring Kitty, only added to the online upheaval....