stocklist

@stocklist · 8 months ago

‘Meme stock’ rally rescues AMC theaters from $600M debt https://www.polygon.com/movies/2021/1/29/22256360/amc-stock-price-reddit-rally-robinhood-debt-conversion

https://www.polygon.com/movies/2021/1/29/22256360/amc-stock-price-reddit-rally-robinhood-debt-conversion
‘Meme stock’ rally rescues AMC theaters from $600M debt

polygon.com

published 1/29/2021

author

Owen S. Good, Michael Mcwhertor, Tasha Robinson, Jeffrey Parkin, Ryan Gilliam, Patrick Gill, Susana Polo, Jan

summary

Theater chain gets unexpected lifeline when private equity trades a corporate IOU for stock