AMC Entertainment Slides as CEO Aron Hints at New 500 Million Share Sale

thestreet2021-04-02

AMC Entertainment (AMC) -Get Report traded lower Thursday after CEO Adam Aron said the movie-theatre chain may sell 500 million new shares to bolster its balance sheet. Aron toldTheStreet'sfounder, ...

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Comments

Henryee18
2021-04-05
Henryee18
Shareholder can voted it out. Don’t spread the fake news please.
kmlai
2021-04-05
kmlai
Nice
Jj1985
2021-04-05
Jj1985
Dilute it. Don't waste. Since there are so many people supporting. Just do it.
- Tiongwee:
  Haha... no money any more.
ocean_wave
2021-04-04
ocean_wave
Diluted valve. But delay chapter 11 risk
nicoco
2021-04-04
nicoco
like
MayTan
2021-04-04
MayTan
Hope the stock will go up in the near future.
- MayTan:
  Let's wait patiently.
- ngchris:
  Yes!

Leave a comment

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new shares to bolster its balance sheet.\nAron toldTheStreet'sfounder, Jim Cramer during CNBC's Squawk Box program that his company has been able to navigate its way through the coronavirus pandemic by raising $2.8 billion in cash, as well as another $1 billion in concessions from theatre owners and landlords, noting the company was close to going out of business \"five different times last year\".\nHowever, he said that now that the group isback and operating in normal conditions, AMC could look to raise even more cash and capitalize on the stocks'Reddit-fueled rally that has added billions to its overall market value.\n\"Dilution is something we care about, but I will say we are formally asking approval from our shareholders to authorize another 500 million new shares that the company could issue if it wishes,\" Aron said. \"There are a lot of benefits to our shareholders of having more authorized shares out on the market.\"\n\"We'll be sensitive to dilution issues, but at the same 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Don’t spread the fake news please.","listText":"Shareholder can voted it out. Don’t spread the fake news please.","text":"Shareholder can voted it out. Don’t spread the fake news please.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349235401","repostId":1191971974,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":349184036,"gmtCreate":1617580239625,"gmtModify":1704700472969,"author":{"id":"3574820858447165","authorId":"3574820858447165","name":"kmlai","avatar":"https://static.tigerbbs.com/0e13c878a14a66e445280964c4d25652","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574820858447165","authorIdStr":"3574820858447165"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349184036","repostId":1191971974,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":349342014,"gmtCreate":1617553243138,"gmtModify":1704700391016,"author":{"id":"3555192598177225","authorId":"3555192598177225","name":"Jj1985","avatar":"https://static.tigerbbs.com/d52a052d654dfb301401489286662068","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3555192598177225","authorIdStr":"3555192598177225"},"htmlText":"Dilute it. Don't waste. Since there are so many people supporting. Just do it.&nbsp;","listText":"Dilute it. Don't waste. Since there are so many people supporting. Just do it.&nbsp;","text":"Dilute it. Don't waste. Since there are so many people supporting. Just do it.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/349342014","repostId":1191971974,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3959825,"gmtCreate":1617591015039,"gmtModify":1680782893821,"authorId":3573775111920367,"author":{"id":3573775111920367,"idStr":"3573775111920367","authorId":3573775111920367,"name":"Tiongwee","avatar":"https://static.tigerbbs.com/e90910e406e67c77f42e225b16b69020","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":349342014,"type":1,"supId":0,"prevId":0,"content":"Haha... no money any more. ","text":"Haha... no money any more. ","html":"Haha... no money any more. "}],"langContent":"EN"},{"id":349925267,"gmtCreate":1617525336159,"gmtModify":1704700234431,"author":{"id":"3578971018458145","authorId":"3578971018458145","name":"ocean_wave","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3578971018458145","authorIdStr":"3578971018458145"},"htmlText":"Diluted valve. But delay chapter 11 risk","listText":"Diluted valve. But delay chapter 11 risk","text":"Diluted valve. But delay chapter 11 risk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349925267","repostId":1191971974,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":349963805,"gmtCreate":1617521465707,"gmtModify":1704700214533,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349963805","repostId":1191971974,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":349997337,"gmtCreate":1617514830629,"gmtModify":1704700171796,"author":{"id":"3573019619191060","authorId":"3573019619191060","name":"MayTan","avatar":"https://static.tigerbbs.com/808e2dbe5d70103ebf181c1496a31644","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":1,"idStr":"3573019619191060","authorIdStr":"3573019619191060"},"htmlText":"Hope the stock will go up in the near future.","listText":"Hope the stock will go up in the near future.","text":"Hope the stock will go up in the near future.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/349997337","repostId":1191971974,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3958744,"gmtCreate":1617583782875,"gmtModify":1680782883258,"authorId":3573019619191060,"author":{"id":3573019619191060,"idStr":"3573019619191060","authorId":3573019619191060,"name":"MayTan","avatar":"https://static.tigerbbs.com/808e2dbe5d70103ebf181c1496a31644","vip":1,"crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":349997337,"type":1,"supId":3956059,"prevId":0,"content":"Let's wait patiently.","text":"Let's wait patiently.","html":"Let's wait patiently."},{"id":3956059,"gmtCreate":1617525307951,"gmtModify":1680782830709,"authorId":3572005609122539,"author":{"id":3572005609122539,"idStr":"3572005609122539","authorId":3572005609122539,"name":"ngchris","avatar":"https://static.tigerbbs.com/76fa13deb76ef9b61305ed927b5c3290","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":349997337,"type":1,"supId":0,"prevId":0,"content":"Yes!","text":"Yes!","html":"Yes!"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":55,"commentSize":30,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1191971974"}