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AMC Stock Surge Caused 10% Loss For Mudrick Capital In Span Of Few Days: WSJ
Saturday, June 12, 2021 - 2:21pm | 412Hedge fund Mudrick Capital lost 10% in just a few days amid a surge in AMC Entertainment Holdings Inc's (NYSE: AMC) stock price, the Wall Street Journal reported. The fund is still up 12% year-to-date, while shares of AMC are up more than 2000% year-to-date. Earlier this...
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AMC Entertainment Announces Another Stock Offering, Warns Investors They Could Lose 'All Or A Substantial Portion' Of Their Money
Thursday, June 3, 2021 - 9:48am | 559AMC Entertainment Holdings Inc (NYSE: AMC) stock gave up big premarket gains and was plunging Thursday after the company announced a new stock offering and warned its investors about the risks involved in owning shares. What Happened: For the second time in three days, AMC announced a stock...
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Missing Out On Massive AMC Stock Surge, Mudrick Capital Says Has 'No Regrets' On Selling: NYPost
Thursday, June 3, 2021 - 6:09am | 440Hedge fund Mudrick Capital said it does not regret having missed out on the massive surge in the stock of movie theatre chain AMC Entertainment Holdings Inc. (NYSE: AMC) on Wednesday, the New York Post reported, citing sources. What Happened: One of the people close to the hedge fund told the...
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Topps SPAC Falls On Rival Launch, AMC Movement: Why MUDS Shares Are Rebounding Wednesday
Wednesday, June 2, 2021 - 2:00pm | 525Shares of a company that announced a SPAC deal with a trading card company suffered a decline Tuesday due to two major reasons, though shares are quickly rebounding Wednesday. Here is what investors should know. What Happened: Mudrick Capital Acquisition Corporation II (NASDAQ: MUDS) announced...
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Mudrick Capital Cashes Out Of 'Overvalued' AMC Entertainment Investment Just Hours After Buying In: Report
Tuesday, June 1, 2021 - 3:24pm | 430AMC Entertainment Holdings, Inc. (NYSE: AMC) shares resumed their rally Tuesday after the theater chain announced a $230.5-million private placement to hedge fund Mudrick Capital. Shortly after the share sale was disclosed, the buyer reportedly sold off the entire stake. What Happened:...
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AMC Entertainment CEO On Why Company Is Raising Money: 'Watch Out Naysayers'
Tuesday, June 1, 2021 - 11:32am | 562Shares of AMC Entertainment were trading higher Tuesday morning after the company sold shares in a private placement. AMC CEO Adam Aron defended the company's move on Twitter. What Happened: A private placement worth $230.5 million saw AMC Entertainment Holdings (NYSE: AMC) sell shares to hedge...
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'Liquidity Jumping': Stock Market Update For The Week Ahead
Sunday, December 13, 2020 - 6:35pm | 1495The Past Week, In A Nutshell What Happened: After auctioning to new all-time highs, U.S. index futures moved back into balance. Remember This: “With Global Liquidity jumping by some US $20 trillion in 2020, or some 25% of World GDP, there is a lot to spend... Consider that following the 1930s...