The movie theater chain is on the comeback trail.
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May 14, 2021 2 min read
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AMC Entertainment Holdings stock jumped to $12.77 on Thursday after announcing it raised over $400 million through a 43 million share at-the-market equity offering, reports Barron’s. Individual investors on Reddit and social media chatted up the #AMCSqueeze hashtag all day.
CEO Adam Aron talked up AMC’s hype on Reddit’s WallStreetBets forum. The online trading discussion group made headlines last January
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