【夜盤進行中】AMC夜盤走勢強勁，一度飆漲超70%
AMC Cinemas US stock night market surged more than 50%, “US stocks 24-hour trading” takes you to keep up with the trading rhythm!
![After the market on July 21, American theater chain$AMC Entertainment (AMC.US)$The application to convert APE preferred shares into common shares was blocked by a judge in Delaware, USA. This progress is seen as a huge and unexpected victory for retail investors, AMC US stocks surged more than 90% after the market, as of the current night time share price increase narrowed to 55%.[Surprise] What happened? In March this year, AMC Cinemas proposed to convert APE preferred shares into common shares, the purpose of this rational transaction is obvious: AMC can make a profit of $5 per share. But AMC's move will dilute the interests of retail investors who saved the company from the edge of bankruptcy. The case led AMC to separate ways with many retail investors who were involved in the rebound of the “retail group stocks”, who pulled the stock price in the worst of the pandemic and saved the troubled theater chain. Previously, about 70% of ordinary shareholders voting APE preference share switching plan said yes, but in fact the number of people involved in the vote is relatively small, other retail investors oppose the plan or simply do not vote on the company proposal. Hundreds of retail investors have written letters to the court against the settlement agreement. Last Friday, the judge dismissed an earlier settlement.the ruling, beyond expectations of investors and analysts, returns AMC companies in a hurry to capital restructuring, and letInvestors who had previously short AMC had big trouble.[Dizzy] AM...](https://nnqimage.futunn.com/999986/editor_image/12604838905c30adb3e5c76d47beb5c1.png/big?imageMogr2/ignore-error/1/format/webp&imageMogr2/ignore-error/1/format/webp)
After the market on July 21, American theater chain$AMC Entertainment (AMC.US)$The application to convert APE preferred shares into common shares was blocked by a judge in Delaware, USA. This progress is seen as a huge and unexpected victory for retail investors, AMC US stocks surged more than 90% after the market, as of the current night time share price increase narrowed to 55%.
Source: Futu
What happened?
In March this year, AMC Cinemas proposed to convert APE preferred shares into common shares, the purpose of this rational transaction is obvious: AMC can make a profit of $5 per share. But AMC's move will dilute the interests of retail investors who saved the company from the edge of bankruptcy.
The case led AMC to separate ways with many retail investors who were involved in the rebound of the “retail group stocks”, who pulled the stock price in the worst of the pandemic and saved the troubled theater chain.
Previously, about 70% of ordinary shareholders voting APE preference share switching plan said yes, but in fact the number of people involved in the vote is relatively small, other retail investors oppose the plan or simply do not vote on the company proposal. Hundreds of retail investors have written letters to the court against the settlement agreement.
Last Friday, the judge dismissed an earlier settlement.the ruling, beyond expectations of investors and analysts, returns AMC companies in a hurry to capital restructuring, and letInvestors who had previously short AMC had big trouble.
Source: Futu app-share-analysis-reading
AMC ushered in good news after Friday as the US retail group stocks soared.
Two years ago, many people in the industry have been impressed by the American retail group fighting Wall Street. Right now, signs show that US individual investors who have been dormant for a long time at the time of the US stock market plummeted in the past year are making a comeback.
March to the end of 2022, US stock$ROUNDHILL MEME ETF (MEME.US)$Over 50% of the decline has been experienced. However, as the likelihood of the US recession decreases, the poor fundamentals MEME stocks become the most resilient stock in the market, which has risen more than 60% this year. It is worth noting that the constituent stocks in this index are determined based on the stock's hot and short positions on social media.
In addition, there are some gains in the heavy stocks of the MEME ETFs that hit Nvidia's super winners: Bitcoin miners$Riot Platforms (RIOT.US)$、$MARA Holdings (MARA.US)$as well as AI lending platform$Upstart (UPST.US)$Stock prices surged more than 300% this year, far outperform Nvidia.
![After the market on July 21, American theater chain$AMC Entertainment (AMC.US)$The application to convert APE preferred shares into common shares was blocked by a judge in Delaware, USA. This progress is seen as a huge and unexpected victory for retail investors, AMC US stocks surged more than 90% after the market, as of the current night time share price increase narrowed to 55%.[Surprise] What happened? In March this year, AMC Cinemas proposed to convert APE preferred shares into common shares, the purpose of this rational transaction is obvious: AMC can make a profit of $5 per share. But AMC's move will dilute the interests of retail investors who saved the company from the edge of bankruptcy. The case led AMC to separate ways with many retail investors who were involved in the rebound of the “retail group stocks”, who pulled the stock price in the worst of the pandemic and saved the troubled theater chain. Previously, about 70% of ordinary shareholders voting APE preference share switching plan said yes, but in fact the number of people involved in the vote is relatively small, other retail investors oppose the plan or simply do not vote on the company proposal. Hundreds of retail investors have written letters to the court against the settlement agreement. Last Friday, the judge dismissed an earlier settlement.the ruling, beyond expectations of investors and analysts, returns AMC companies in a hurry to capital restructuring, and letInvestors who had previously short AMC had big trouble.[Dizzy] AM...](https://nnqimage.futunn.com/999986/editor_image/2bcdc672c01d318d8b869b82affbbaea.png/big?imageMogr2/ignore-error/1/format/webp)
Long 8 hours after the market, afraid to miss a trading opportunity?
This time, after the profit news came out, how fast is the reaction of the stock market. Are the mooers in the heart of the changes in the share price?
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![After the market on July 21, American theater chain$AMC Entertainment (AMC.US)$The application to convert APE preferred shares into common shares was blocked by a judge in Delaware, USA. This progress is seen as a huge and unexpected victory for retail investors, AMC US stocks surged more than 90% after the market, as of the current night time share price increase narrowed to 55%.[Surprise] What happened? In March this year, AMC Cinemas proposed to convert APE preferred shares into common shares, the purpose of this rational transaction is obvious: AMC can make a profit of $5 per share. But AMC's move will dilute the interests of retail investors who saved the company from the edge of bankruptcy. The case led AMC to separate ways with many retail investors who were involved in the rebound of the “retail group stocks”, who pulled the stock price in the worst of the pandemic and saved the troubled theater chain. Previously, about 70% of ordinary shareholders voting APE preference share switching plan said yes, but in fact the number of people involved in the vote is relatively small, other retail investors oppose the plan or simply do not vote on the company proposal. Hundreds of retail investors have written letters to the court against the settlement agreement. Last Friday, the judge dismissed an earlier settlement.the ruling, beyond expectations of investors and analysts, returns AMC companies in a hurry to capital restructuring, and letInvestors who had previously short AMC had big trouble.[Dizzy] AM...](https://nnqimage.futunn.com/999986/editor_image/eb11b0c80d2d3517910facea3da61c02.jpg/big?imageMogr2/ignore-error/1/format/webp)
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