AMC Entertainment to get $100 million investment from Mudrick Capital

AMC also said it would need at least $750 million of additional liquidity to fund its cash requirements through next year, adding that it would sell shares and renegotiate rents to prop up its finances and stave of a possible bankruptcy.

AMC had about $320 million in cash and cash equivalents as of Nov. 30, and in the absence of additional liquidity it expects existing cash resources to be depleted during January next year.

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Silver Lake, Mudrick have reaped huge gains from AMC amid Reddit frenzy - Business Insider'The trade of a lifetime': Silver Lake and Mudrick have reaped huge gains from their AMC investments as Reddit traders send the stock soaring Why didn’t robinhoodapp stop this? I love how I had X amount worth of stock and only after the market closed the stock went way down when no public traders had a chance, then next day forced me to sell at a huge loss. Where did the difference go? That’s theft! SCAM!!! robinhood amc They tried to eat the rich. And they made the wealthy, wealthier. Good job reddit
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