Why Did AMC Entertainment Stock Surge Today? Retail-Investor Battle Continues
"in search of when the company would make a move to punish what it sees as an enemy assemblage of short sellers keeping the stock down."Today we pounce" was the rallying cry that Aron used in a series of tweets explaining the new preferred equity, saying the company "broke out the 3-D chess board and got creative."Analysts saw the new issue as a "security blanket" and "dry powder" for more flexibility, but it seemed an open question of whetherfuture conversions might make the move accretive or d