Mobile app version of munafa.org
Login or Join
 Learn then Earn
stockMarketNEWS

 story : AMC's 'APE' stock tumbles toward a 5th consecutive loss and a new low #FinanceUSA #StockMarketNEWS Shares of AMC Preferred Equity Units , known as "APEs," tumbled 13.3% in midday trading Thursday,

@stockMarketNEWS 10 Days ago

Posted in: #FinanceUSA #StockMarketNEWS

AMC's 'APE' stock tumbles toward a 5th consecutive loss and a new low #FinanceUSA #StockMarketNEWS
Shares of AMC Preferred Equity Units , known as "APEs," tumbled 13.3% in midday trading Thursday, as the trading vehicle of AMC Entertainment Holdings Inc.'s special dividend headed toward a fifth straight loss and new lows. The "APE" shares, a nod to investors who turned a movie theater operator into a "meme" stock, have plunged 36.1% amid a five-day losing streak, and were trading 42.5% below where they closed (.00) on their first day of trading on Aug. 22. Meanwhile, AMC shares shed 7.6% amid a selloff in the broader stock market and fellow "meme" stocks, as a continued surge in interest rates spooked investors. The S&P 500 shed 0.7%, while shares of GameStop Corp. sank 3.9% and of Bed Bath & Beyond Inc. slid 4.5%.


Munafa USA Munafa India Munafa NSE


Report

Login to follow story

More posts by @stockMarketNEWS

Munafa ebook, learn stock market trading

0 Comments

Sorted by latest first Latest Oldest Best

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme