AMC Stock – The Price Target On This Just Moved Up Big…
AMC Stock closed today in the red losing 3.4% in a red session marked by disappointing earnings from facebook for Q4 2021 signaling slower growth ahead..
Shares of AMC stock rose 1.1% in premarket trading Wednesday toward a fourth-straight gain, after the movie theater operator announced a private offering of $500 million of debt due 2029. The first lien senior secured notes are being offered for sale “only to persons reasonably believed to be qualified institutional buyers.” The company plans to use the proceeds to redeem its $500 million, 10.50% senior secured first lien notes due 2025.
In this video I share with you the what changed my view on the short squeeze in AMC Stock.
Can we see another short squeeze? Where Do We See The Price In the next 10 Days?
Disclaimer: I am not a financial advisor and the topics discussed in this video are not to be taken as investment advice. Just my personal opinion being shared. Nothing more.
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