Short sellers are still piling into AMC and APE. Is another short squeeze likely? Here's what investors need to know. Short sellers continue to target AMC and APE shares due to a long list of both ...
Why? Because, as you'll see below, AMC investors have more to process than a reverse split. The APE conversion is AMC's move to convert its preferred equity shares into AMC common stock.
AMC Entertainment's new APE shares could shed some light on longstanding questions regarding "fake" or "synthetic" shares. Synthetic shares are financial instruments — usually a combination of p ...
That happened in the face of opposition from retail traders known as "apes," and AMC shares getting crushed in value in 2023. The saga of GameStop was detailed in last year's Sony feature Dumb ...
AMC Entertainment plunged 40% on Monday ahead of the company's issuance of "APE" preferred stock. The new preferred stock could one day be converted into common shares and lead to more dilution.
Famed short-seller Jim Chanos is buying AMC Entertainment's new preferred equity share class, dubbed "APE." At the same time, Chanos is shorting AMC Entertainment's common stock, until the two ...