_amc-pays-down-massive-debt-load-as-retail-investors-rally-behind-stock.jpg "AMC Pays Down Massive Debt Load as Retail Investors Rally Behind Stock from hindsight bias in investing Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:35
👁 View: 410K times
✓ Published: 16-May-2024
👁 View: 410K times
✓ Published: 16-May-2024
Description:
AMC shares more than doubled since Friday after Roaring Kitty posted online for the first time in 3 years, reigniting the short sell frenzy. During the previous short sell rally in 2021, AMC avoided bankruptcy after retail investors rallied around the stock. AMC raised $250 million from a stock sale this week as the rally occurred and has a chance to put a dent in its substantial debt load from acquisitions in recent years. Lenders have renegotiated debt terms and a higher stock price could lead to better deals.
AMC shares more than doubled since Friday after Roaring Kitty posted online for the first time in 3 years, reigniting the short sell frenzy. During the previous short sell rally in 2021, AMC avoided bankruptcy after retail investors rallied around the stock. AMC raised $250 million from a stock sale this week as the rally occurred and has a chance to put a dent in its substantial debt load from acquisitions in recent years. Lenders have renegotiated debt terms and a higher stock price could lead to better deals.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_what-it-takes-to-be-a-value-investor-today.webp "Warren Buffett built his wealth by being a value investor, but what does it mean to be a value investor today? On today's edition of Opening Bid, Boyar Research president Jonathan Boyar tells Yahoo Finance Executive Editor Brian Sozzi how to find value stocks in today's market. He highlights companies like Uber Technologies (UBER), which he says has \")
_walker-4x08-promo-39witt39s-end39-hd-jared-padalecki-series.webp "Walker 4x08 \")
_morgan-stanley39s-top-real-estate-investing-39megatrends39.webp "April's Consumer Price Index (CPI) data showed shelter prices increased 5.5% year over year, adding to the already costly price of housing investment. With mortgage rates high and housing inventory low, how can investors find a good entry point into the housing sector? Morgan Stanley Real Estate Investing Co-CEO Lauren Hochfelder joins Wealth! to break down Morgan Stanley's real estate investing megatrends and advise investors on what to consider when investing in the housing sector. Hochfelder notes that growth in e-commerce will drive demand for warehouses, creating \")
_american-businessman-warren-buffett39s-advice-on-investments.webp "Warren Buffett, the chairman of Berkshire Hathaway (BRK.A), is the most successful investor of our time. His daughter, Susan, worked as my assistant when I was the publisher of a magazine 40 years ago. Just before she got married, Susie told me she worried that her fiancé’s parents had bought a couple of shares of Berkshire stock — and what if it tanked? At the time, the price was about $1,000 a share. Today, it’s $507,000 a share. I hope the in-laws hung on.")
_39weak-and-brazenly-partisan39-tonko-shreds-gop-over-39lack-of-real-evidence39-in-npr-bias-accusations.webp "During a House Energy and Commerce Committee hearing on Wednesday, Rep. Paul Tonko (D-NY) questioned witnesses about accusations on political bias at NPR.<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com")
⏲ 4:23 👁 315K
_billionaire-frank-mccourt-leads-consortium-to-buy-tiktok-prioritizing-user-privacy.webp "Billionaire Frank McCourt is organizing a consortium of investors to purchase the popular video-sharing app TikTok from its parent company, ByteDance. McCourt is the executive chairman of McCourt Global and founder of Project Liberty, which is organizing a \")
_how-the-eu-is-plotting-a-course-out-of-covid-debt-to-greener-future.webp "The next EU Commission will have to cope with a legacy of debt accummulated out of necessity by its predecessor in response to the Covid crisis and the Ukraine War. Instruments are in place to both control debt and invest in the future, but challenging times lie ahead.")
_bored-crypto-traders-seek-thrills-in-unofficial-gamestop-memecoins-prices-skyrocket.webp "Crypto traders have invested in unofficial GameStop memecoins like GameStop on Solana due to increased boredom in the current crypto market conditions. The price of the Solana-based memecoin GameStop, which is not affiliated with the company, rose over 2700% in the last two days. The price of GameStop stock also increased by over 200% during that period. Overall, the market remains sluggish, leading traders to chase short-term price trends for excitement. Traders are chasing short-term narratives like the GameStop stock surge rather than having confidence in the overall crypto market.")
_what-it-takes-to-be-a-value-investor-today.jpg)
_walker-4x08-promo-39witt39s-end39-hd-jared-padalecki-series.jpg)
_morgan-stanley39s-top-real-estate-investing-39megatrends39.jpg)
_american-businessman-warren-buffett39s-advice-on-investments.jpg)
_39weak-and-brazenly-partisan39-tonko-shreds-gop-over-39lack-of-real-evidence39-in-npr-bias-accusations.jpg)
_billionaire-frank-mccourt-leads-consortium-to-buy-tiktok-prioritizing-user-privacy.jpg)
_how-the-eu-is-plotting-a-course-out-of-covid-debt-to-greener-future.jpg)
_bored-crypto-traders-seek-thrills-in-unofficial-gamestop-memecoins-prices-skyrocket.jpg)
![[+]](/images/menu.gif){kind=small}