Check out the companies making headlines after the bell— AMC Entertainment was on the move again after a volatile trading session. Shares fell 7% after hours after closing down nearly 18% in the regular session. The movie theater operator said Thursday morning it was going to sell 11.5 million shares only to announce several hours later it already completed its stock offering, raising $587.4 million in additional capital.
8 million, higher than the expected $291.4 million.— Shares of the electronic signature company rose more than 6% in extended trading after beating on the top and bottom lines of its quarterly earnings. DocuSign earned 44 cents per share on revenue of $469 million. Analysts expected earnings of 28 cents per share on revenue of $438 million, according to Refinitiv. DocuSign also reported second-quarter and full-year revenue guidance above estimates.
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Source: CNBC - 🏆 12. / 72 Read more »
Meme Stocks Crash: AMC Plunges After Investor Warning—Sparking $10 Billion SelloffFollowing a nearly unabated weeks-long run-up, shares of AMC Entertainment plummeted this morning—sparking a $10 billion selloff
Source: Forbes - 🏆 394. / 53 Read more »
Stocks manage modest gains overall; AMC nearly doublesWall Street wrapped up another wobbly day of trading Wednesday with modest gains for the major stock indexes, as energy and technology companies kept losses elsewhere in the market in check. 🅰️Ⓜ️🌜🚀🚀🚀🦍🦍🦍💎🙌💎 amcstock AMCSqueeze AMC500k AMCSTRONG
Source: latimes - 🏆 11. / 82 Read more »
Meme Stocks Gyrate After AMC Files to Sell More SharesThe influence of online traders on the stock market showed no sign of abating with shares of AMC, BlackBerry and other “meme stocks” experiencing steep swings ahead of the opening bell Thursday Weren't these shares sold back in April with the public filing taking place now? This is FUD. The shares were sold in late April. THESE IS A BOLD FACE LIE, the shares were filed in April. Stop trying to create FUD to slow the stock price you damn schills!!
Source: WSJ - 🏆 98. / 63 Read more »