Robinhood Briefly Tells Users AMC Was Bankrupt; Spoiler: It Wasn't

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Robinhood Briefly Tells Users AMC Was Bankrupt; Spoiler: It Wasn't
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Robinhood blamed a glitch for the issue, but AMC’s CEO said the ‘ducking… dastards’ need to pay.

, AMC has posted four years of losses in a row. Aron claimed that when the company posts its latest quarterly earnings Friday they would show the company has had a “sizable cash position” for the first three months of 2023.

Luckily for AMC, the banner SNAFU didn’t seem to impact their stock price much, or at all Monday, and the stock price reached where the company was in the beginning of March. The company’s stock hit lows in mid-March running into April after the company posted close to $288 million in net losses for fourth quarter losses for 2022. In February, theAdvertisement

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