_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 adalot kd 250 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: 405K times
✓ Published: 16-May-2024
👁 View: 405K 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
_kd-master-plan-124-adaalat-124-16-may-2024.webp "Sony PAL")
⏲ 42 minutes 3 seconds 👁 21.2K
_2024-supercross-salt-lake-city-250-e92-w-showdown.webp "2024 Supercross Salt Lake City 250 E/W Showdown")
_adaalat-episode-251-31st-may-2017.webp "Sony PAL")
_adaalat-an-unlikely-murderer-episode-255-4th-june-2017.webp "Sony PAL")
⏲ 44 minutes 3 seconds 👁 591.6K
_adaalat-episode-249-29th-may-2017.webp "Sony PAL")
_kd-changes-avatar-to-help-a-pleading-mother-124-124-adaalat-124-doobara.webp "LIV Crime"){kind=avatar}
⏲ 1 hour 21 minutes 39 seconds 👁 1.3M
_pfizer-settles-zantac-lawsuits-agrees-to-36250m-settlement-to-reduce-liability-report.webp "In a bid to settle thousands of lawsuits over its discontinued heartburn drug Zantac, Pfizer has agreed to pay up to $250 million. The settlement, disclosed in a Delaware court filing last week, is intended to significantly reduce Pfizer’s potential liability, reported Financial Times, citing people familiar with the deal.")
_adaalat-episode-265-14th-june-2017.webp "Sony PAL")
_kd-master-plan-124-adaalat-124-16-may-2024.jpg)
_2024-supercross-salt-lake-city-250-e92-w-showdown.jpg)
_adaalat-episode-251-31st-may-2017.jpg)
_adaalat-an-unlikely-murderer-episode-255-4th-june-2017.jpg)
_adaalat-episode-249-29th-may-2017.jpg)
_kd-changes-avatar-to-help-a-pleading-mother-124-124-adaalat-124-doobara.jpg){kind=avatar}
_pfizer-settles-zantac-lawsuits-agrees-to-36250m-settlement-to-reduce-liability-report.jpg)
_adaalat-episode-265-14th-june-2017.jpg)
![[+]](/images/menu.gif){kind=small}