Page 4 - March Retail News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Updated: 11:08 AM CDT Jun 3, 2021 The Associated Press AMC may sell up to 11.6 million of its shares with a trading phenomenon pushing stock in the movie theater chain up almost 2,000% this year, and 140% just this week. AMC is emerging from pandemic lockdowns that threatened the very existence of the company. Industry analysts have yet to fully explain, or even comprehend, the extreme enthusiasm for its stock that being driven by large numbers of online traders who seem to disregard the rough path the company faces in its recovery. AMC acknowledged that phenomenon Thursday in a filing with the U.S. Securities and Exchange Commission when it announced the potential sale of shares “from time to time.”“We believe that the recent volatility and our current market prices reflect market and trading dynamics unrelated to our underlying business, or macro or industry fundamentals, and we do not know how long these dynamics will last, AMC said in the filing.

Entertainment holdings incExchange commissionMarch retailAmc entertainment holdings incAmc stockUs securities and exchange commissionCovid 19பொழுதுபோக்கு ஹோல்டிங்ஸ் இன்க்பரிமாற்றம் தரகுஅணிவகுப்பு சில்லறைம்ஸீ பொழுதுபோக்கு ஹோல்டிங்ஸ் இன்க்