Cramer Today On AMC, AMC Stock & AMC Offering || AMC Update
Cramer Today On AMC, AMC Stock & AMC Offering || AMC Update
Jim Cramer had a discussion today about AMC, AMC stock, and AMC's new at the market offering. This comes as AMC filed a prospectus supplement earlier today. AMC will allow sales agents to sell up to 40 million shares of the company's Class A common stock from time to time on the company's behalf in accordance with the parameters set by AMC. The assumed offering price is $13.64 per share, so it is possible that the company has not issued any shares yet. This information is important for individual investors who have rallied behind heavily shorted stocks such as AMC stock and GME stock in order to rescue these companies from the brink of bankruptcy due to malicious short selling. This information is also important for the entire stock market as individual retail investors continue standing up for a free, fair, and transparent stock market for all investors.
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