AMC said in the filing that it would use the funds to "bolster liquidity, to repay, refinance, redeem or repurchase its existing indebtedness and for general corporate purposes."APE
The stock issuance moves on Thursday overshadowed what Wall Street read as an overall positive earnings report on Wednesday night as well as any potential tailwinds from the "For what it's worth we did very well," Aron said. "We're going to make a handsome profit from having facilitated what was in stadium concert tour, getting it converted to film and getting it in theaters quickly."LOS ANGELES, CALIFORNIA - OCTOBER 11: Beyoncé Knowles-Carter and Taylor Swift attend the"Taylor Swift: The Eras Tour" Concert Movie World Premiere at AMC The Grove 14 on October 11, 2023 in Los Angeles, California.
“It’s a big step for both for us and I’m still in complete and total shock, even a month later, but beyond happy,” Rivers tells PEOPLE exclusively.No matter how resilient a stock is, it may suffer a performance drop during a recession simply because of negative sentiment, but this may not extend to its dividends. The post Recession-Proofing With Dividends: Canadian Picks That Stand the Test of Time appeared first on The Motley Fool Canada.
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