#AMC SHARE PRICE MOVIE#

WednesdayвЂ™s record price was 30 times the level AMC traded at the end of 2020 and came a day after it issued 8.5 million shares to Mudrick Capital, which the hedge fund flipped at a profit. вЂњUnder the circumstances, we caution you against investing in our Class A common stock, unless you are prepared to incur the risk of losing all or a substantial portion of your investment,вЂќ AMC said, echoing a warning from regulators earlier this year on the potential pitfalls of such stocks. вЂњOur 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,вЂќ the company said in a statement.ДЄ number of Wall Street analysts have said AMC is already overvalued and many institutional traders have said they are steering clear of the stock, a popular destination for traders who congregate on RedditвЂ™s WallStreetBets and other forums. In announcing the latest issue, it said it did not know how long its run would last and warned investors of the risks involved.ДЄMCвЂ™s share price nearly doubled on Wednesday to a record close of $62.55 thanks partly to a wave of retail investor buying.

With popcorn and tweets, AMCвЂ™s CEO rides retail investor waveДЄMC has been taking advantage of a blistering run in its stock price to complete two share issues in three days. The company said it completed an 11.55 million share offering it announced before the market opened at an average price of approximately $50.85 per share.

Shares of the movie theater chain were up 6% at around $67 in mid-afternoon, after losing more than a third of their value in the morning. Log In Create Free AccountДЄMC Entertainment shares reversed losses on Thursday after the retail investor favorite said it completed a share offering it announced earlier in the day, raising $587.4 million in additional equity capital.

#AMC SHARE PRICE MOVIE#

Amc share price