![]() The special dividend is expected to be paid at the close of business on Aug. ![]() The special dividend of one AMC Preferred Equity unit will be issued for each share of AMC Class A common stock, par value $0.01 per share, outstanding at the close of business on Aug. (AMC) has turned to the special dividend after it was unable to gain shareholder approval to let it issue more common shares, according to the Wall Street Journal. The dividend marks the latest move in a fight over stock issuances AMC Entertainment Holdings Inc. The frenzy has extended far beyond conventional markets tracked by Wall Street firms.Theater chain reports narrowing Q2 loss, turns to special dividend after it was unable to gain shareholder approval to issue more common sharesĪMC Entertainment Holdings Inc.'s stock fell more than 10% in extended trading on Thursday after the company announced a special dividend in the form of "Ape" preferred shares. The wild market ride has lifted everything from lumber to stocks to bitcoin-and rarely have so many assets been up this much at once. For the first time, stock options were listed on a dedicated exchange and registered for trading in standardized form. On this day in 1973, the Chicago Board Options Exchange opened for trading, with call options available on 16 U.S.The Dow Jones Transportation Average is up for the past 12 consecutive weeks. It is its longest weekly winning streak since the 15 weeks ended Jan.Monday morning prices were up again, by 11%. It was the largest weekly decline since the week ended March 13, 2020, when it fell 40.6%. Bitcoin prices on Friday ended the week down 18.3%.Johnson & Johnson shares nudged up 0.2% premarket. Health officials around the country resumed offering the company’s Covid-19 vaccine this weekend after getting a green light from federal regulators on Friday.Carnival was up 1.6%, Delta Air Lines added 1.8% and United Airlines rose 1.8%. Pandemic-hit travel companies were ticking higher premarket on Monday.On Friday, trading of the biopharmaceutical company was briefly halted amid high volatility after it announced a direct offering of its common stock. Ocugen shares shot 16% higher premarket.Maybe it’s post- Oscars enthusiasm, but day-trader favorite AMC Entertainment is up 4.4% ahead of the bell.Supermarket chain Albertsons shares dropped 3.6% after it warned that it expects to face difficult comparisons in its new fiscal year, as many people look to reemerge from the Covid-19 pandemic. ![]() Lennox International shares climbed 3.8% premarket after it released its latest earnings report and raised its 2021 revenue guidance.Grace shares jumped 6.5% premarket after privately held Standard Industries said it would acquire the chemicals company in an all-cash transaction. The Dallas Fed’s manufacturing survey, due at 10:30 a.m., is expected to rise to 31.7 in April from 28.9 a month earlier.Earnings are due from Tesla and and Brown & Brown after the close.The broad market index ended last week just shy of its record closing level. ![]()
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |