'Sentiment has never felt worse in regards to AMC,” said Tommy Tranfo, head of community at Stocktwits
As AMC Entertainment Holdings Inc. prepares for its stock conversion, Stocktwits says that it is seeing “panic” with regard to the movie theater chain and meme stock darling on its platform.
AMC’s AMC, -17.63% stock fell 17.7% on Tuesday after ending Monday’s session down 23.7%, snapping a four-day winning streak. Some 26.7% of AMC’s float is shorted.AMC is now competing with stocks such as Tupperware Brands Corp. TUP, -12.71%, WeWork Inc. WE, -2.91% and Nvidia Corp. NVDA, -3.15% for investor attention, according to Tranfo.
Tom Bruni, senior writer at Stocktwits, said he thinks there was an expectation among investors that the gap between APE and AMC shares would close by APE units moving upwards. Instead, we’re seeing AMC shares move down drastically, he told MarketWatch. “This is likely due to the overall impact of the dilution and reverse split,” he added.In a Form 8-K filed with the SEC last week, AMC explained that the reverse stock split is expected to occur on Aug.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
AMC Stock Tumbles 24% Ahead of Friday’s ‘APE’ ConversionAMC Preferred Equity units, also known as APES, will no longer be traded on Aug. 25, and will instead be converted to common stock.
続きを読む »
AMC Stock Tumbles Again Ahead of Friday’s ‘APE’ ConversionAMC Preferred Equity units, also known as APES, will no longer be traded on Aug. 25, and will instead be converted to common stock.
続きを読む »
AMC shares fall more than 10% ahead of stock conversionAMC’s stock-conversion plan is part of its ongoing battle to eliminate debt.
続きを読む »
AMC shares fall more than 22% ahead of stock conversionAMC’s stock-conversion plan is part of its ongoing battle to eliminate debt.
続きを読む »
Bored Ape Investors Sue Yuga Labs, Sotheby's, 28 Others as NFT Prices Plunge: ReportSotheby's called the allegations in the lawsuit baseless and noted that it is prepared to defend itself in court.
続きを読む »
These Altcoins Dump 20% Weekly While Bitcoin Struggles at $26K (Market Watch)APE, UNI, LTC, and SHIB have plummeted by over 20% in the past week.
続きを読む »