Previous close | 4.3400 |
Open | 3.8400 |
Bid | 3.7400 x 40000 |
Ask | 3.7500 x 38500 |
Day's range | 3.6500 - 3.9600 |
52-week range | 3.5900 - 62.3000 |
Volume | |
Avg. volume | 13,885,757 |
Market cap | 979.394M |
Beta (5Y monthly) | 1.80 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 06 Mar 2020 |
1y target est | N/A |
AMC Entertainment (AMC) shares are trading lower Thursday afternoon after the company filed to sell up to $250 million worth of its stock. The movie theater chain is looking to strengthen its balance sheet, using the proceeds from the stock sales to pay down debt. AMC also indicated that last year's Hollywood strikes impacted the box office in the first quarter. Akiko Fujita and Josh Lipton break down the latest developments for the movie theater chain. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. Editor's note: This article was written by Gabriel Roy.
Disgraced FTX founder and former CEO Sam Bankman-Fried was sentenced to 25 years in federal prison by a New York judge. Bankman-Fried was convicted in November of seven fraud and conspiracy counts. On Wall Street, one of the biggest movers is AMC Entertainment (AMC). Shares of the movie theater company fell sharply after it announced it was selling $250 million worth of stock. Other trending tickers on Yahoo Finance include MicroStrategy (MSTR), Nikola (NKLA), and RH (RH). Top guests today include: 3:10 p.m. ET - Dan Ives, Wedbush Securities Managing Director 3:35 p.m. ET - Patrick De Haan, GasBuddy Head of Petroleum Analysis 3:45 p.m. ET - Geetha Ranganathan, Bloomberg Intelligence Senior Media Analyst, and Jamie Lumley, Third Bridge Group Sector Analyst 4:50 p.m. ET - Ethan Brown, Beyond Meat CEO
The movie-theater chain says it will sell up to $250 million of stock through an at-the-market offering.