AMC Stock Surges After Successful Opening Weekends of “Barbie” and “Oppenheimer“ AMC Entertainment Holdings (AMC) experienced a significant surge in its stock price, closing up 33% at $5.85 on Monday. This increase came after the highly successful opening weekends of two movies, “Barbie” and “Oppenheimer,” as well as a court decision related to the company’s […]
Judge denies AMC settlement on stock conversion, shares surge Background On July 21, a judge blocked a proposed settlement on AMC Entertainment Holdings’ stock conversion plan that would have allowed the company to issue more shares. This sent AMC‘s common shares soaring and preferred shares declining in after-hours trading. The judge, Delaware Vice Chancellor Morgan […]
Rivian Shatters Q2 Delivery Estimates, Stock Surges Over 13% July 3, 2023 | By Introduction Rivian, the Illinois-based electric vehicle (EV) manufacturer, has exceeded market expectations by reporting strong delivery numbers for the second quarter of 2023. The company’s stock, listed under the ticker symbol RIVN, surged more than 13% in response to the news. […]
