AMC Entertainment Holdings, Inc. (NYSE:AMC) shares continue to fall Wednesday ahead of a 10-to-1 reverse stock split scheduled to take effect Thursday.
What To Know:
AMC remains a favorite among retail investors, especially the "apes" who are bullish on heavily shorted stocks like GameStop Corporation (NYSE:GME) and Bed Bath & Beyond, Inc. (OTC:BBBYQ). In fact, the "apes" are so heavily invested in AMC that the company chose the symbol "APE" for its AMC Preferred Equity Units (NYSE:APE). Retail investors known as "apes" also tend to be active on social media sites, and AMC is currently among the top trending tickers on WallStreetBets and Yahoo! Finance.
Benzinga obtained commentary on AMC and APE from executives at Stocktwits, a financial social media site frequented by retail investors.
Tom Bruni, senior writer at Stocktwits stated, "Sentiment has never felt worse in regards to AMC. AMC investors who are still around are waking up to the reality that there are new shinier toys in the market that people can play with, whether that's new and hotter meme stocks like TUP or WE or more traditional events such as NVDA earnings."
Tommy Tranfo, head of community at Stocktwits commented, "There was a general expectation among investors that the gap between $APE and $AMC shares would close by $APE units moving upwards, but $AMC shares are moving down drastically."
The AMC 10-to-1 reverse stock split is scheduled to take effect Thursday, and AMC Preferred Equity Units (APE) will be converted to AMC common stock the following day. The number of AMC shares will increase from approximately 542.2 million to 550 million shares following the reverse split and stock conversion.
AMC continues to fall on very heavy trading volume. According to data from Benzinga Pro, more than 90.5 million shares have been traded in the session, compared to the stock's 100-day average of 32.483 million shares.
AMC Price Action: According to data from Benzinga Pro, shares of AMC are down 16% at $2.14 at the time of publication.
AMC院线(NYSE:AMC)股价周三继续下跌，因为该公司计划于周四实施10比1的反向股票分割。
要知道什么：
AMC仍然是散户投资者的最爱，尤其是看涨大量做空股票的 “猿类”，例如游戏驿站(NYSE:GME)和 Bed Bath & Beyond(OTC:BBBYQ)。实际上，“猿类” 在AMC上的投资如此之大，以至于该公司为其选择了符号 “APE” AMC Preferred Equity Units (NYSE:APE)。被称为 “猿类” 的散户投资者也往往活跃在社交媒体网站上，而AMC目前是WallStreetBets和Yahoo! 上最受欢迎的股票行情之一！金融。
Benzinga从以下高管那里获得了对AMC和APE的评论 Stocktwits，散户投资者经常光顾的金融社交媒体网站。
汤姆·布鲁尼，Stocktwits的资深作家表示：“AMC的情绪从未像现在这样恶化。仍在场的AMC投资者意识到这样一个现实，即市场上有新的更闪亮的玩具可供人们玩，无论是像TUP或WE这样的新的、更热门的模因股，还是像NVDA财报这样的更传统的事件。”
Tommy Tranfo，Stocktwits社区负责人评论说：“投资者普遍预计，$APE和$AMC股票之间的差距将因美元APE单位向上移动而缩小，但$AMC的股价正在大幅下跌。”
AMC的10比1反向股票拆分定于周四生效，AMC Preferred Equity Units (APE)将在第二天转换为AMC普通股。反向拆分和股票转换后，AMC的股票数量将从约5.42亿股增加到5.5亿股。
由于交易量非常大，AMC继续下跌。根据Benzinga Pro的数据，该交易日已交易了超过90,500,000股，而该股的100天平均交易量为32,482,999.999999996股。
AMC 价格走势： 根据Benzinga Pro的数据，在发布之时，AMC的股价下跌了16％，至2.14美元。
