• 3nn3nn
        ·12-09
        lol another lame move fortunately dumped this counter long ago

        BUZZ-AMC drops on plan to sell 50 mln shares through Goldman Sachs

        ** Shares of AMC Entertainment down 9% to $4.73 premarket as theater chain plans to raise equity ** Co files up to 50 mln share ATM agreement with Goldman Sachs as sales agent ** Under the agreement, co may also enter into forward transactions to sell shares to Goldman ** Co says intends to use net proceeds from any sales to bolster liquidity, reduce or refinance debt, reinvest in core business ** It has ~381.5 mln shares outstanding as of Dec 5, per the filing ** AMC shares on Thurs jumped ~6% to close at $5.20 after cryptic post from Keith Gill, known as '"Roaring Kitty", rekindled retail investor hype on meme stocks, including video game retailer GameStop and Unity Software ** Through Thurs, AMC shares down 15% YTD
        BUZZ-AMC drops on plan to sell 50 mln shares through Goldman Sachs
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      • 3nn3nn
        ·12-09
        lol another lame move fortunately dumped this counter long ago

        BUZZ-AMC drops on plan to sell 50 mln shares through Goldman Sachs

        ** Shares of AMC Entertainment down 9% to $4.73 premarket as theater chain plans to raise equity ** Co files up to 50 mln share ATM agreement with Goldman Sachs as sales agent ** Under the agreement, co may also enter into forward transactions to sell shares to Goldman ** Co says intends to use net proceeds from any sales to bolster liquidity, reduce or refinance debt, reinvest in core business ** It has ~381.5 mln shares outstanding as of Dec 5, per the filing ** AMC shares on Thurs jumped ~6% to close at $5.20 after cryptic post from Keith Gill, known as '"Roaring Kitty", rekindled retail investor hype on meme stocks, including video game retailer GameStop and Unity Software ** Through Thurs, AMC shares down 15% YTD
        BUZZ-AMC drops on plan to sell 50 mln shares through Goldman Sachs
        115Comment
        Report