Shares of AMC Networks plunged more than 35% Monday as the company said it plans put up for sale $125 million-worth of convertible senior notes due in 2029 in a private offering, plus additional ...
AMC shares’ plummeted 35%. Short interest for AMC stock surged, with shorting demand exacerbated by the short side of the APE arbitrage trade. Despite a bearish outlook due to dilution ...
Tuesday after the movie-theater chain and original meme stock reported better-than-expected fourth-quarter revenue, lifted by an improving box office. Chief Executive Adam Aron also used the ...
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