AMC Stock - Get Ready For This To Be Ugly
AMC Stock - Get Ready For This To Be Ugly
Shares of AMC preferred equity units, or ‘APEs,’ rose 5% Monday, while the company’s common stock fell 7.5%, after the company unveiled plans to sell another up to 425 million APEs. At current prices, the cinema chain could raise up to $1.6 billion from the sale of additional APEs, which was disclosed in a regulatory filing with Citigroup Global Markets acting as sales agent. “The company intends to use the net proceeds, if any, from the sale of AMC Preferred Equity Units APE, -5.87% primarily to repay, refinance, redeem or repurchase the company’s existing indebtedness (including expenses, accrued interest and premium, if any) and otherwise for general corporate purposes,” said the filing. AMC AMC, -14.52% issued the first APEs in August as a special dividend using the name created by the investors who turned the company into a meme stock, who often refer to themselves as “apes” or “ape nation.”
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Видео AMC Stock - Get Ready For This To Be Ugly канала The Money Game With AC
Shares of AMC preferred equity units, or ‘APEs,’ rose 5% Monday, while the company’s common stock fell 7.5%, after the company unveiled plans to sell another up to 425 million APEs. At current prices, the cinema chain could raise up to $1.6 billion from the sale of additional APEs, which was disclosed in a regulatory filing with Citigroup Global Markets acting as sales agent. “The company intends to use the net proceeds, if any, from the sale of AMC Preferred Equity Units APE, -5.87% primarily to repay, refinance, redeem or repurchase the company’s existing indebtedness (including expenses, accrued interest and premium, if any) and otherwise for general corporate purposes,” said the filing. AMC AMC, -14.52% issued the first APEs in August as a special dividend using the name created by the investors who turned the company into a meme stock, who often refer to themselves as “apes” or “ape nation.”
My courses : Pay Less To 0 Taxes (You earn your hard money, learn how to keep it)
https://money-skills-academy.thinkific.com/
My services:
1. Portfolio Audit: https://bit.ly/3tmmnEA
2. Start Investing In Stocks: https://bit.ly/3u3YgtL
#amcstocknewstoday #amcstockearnings #investinginstocks #amcstockanalysis #amcstocknewstoday #amcstockpriceprediction
Видео AMC Stock - Get Ready For This To Be Ugly канала The Money Game With AC
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27 сентября 2022 г. 6:00:00
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