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.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stocks making the biggest moves midday: GameStop, AMC Entertainment, Tesla and moreTake a look at the stocks making notable moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: GameStop, Moderna, AMC Entertainment and moreCheck out the stocks making the biggest moves in midday trading. gme tothemoon Not at Ally, closed to little fish like me! Have only small money, still frozen out! Soliton $soly announced FDA approval today and yet short sellers dominate it.
Source: CNBC - 🏆 12. / 72 Read more »