"AMC's Bond Sales Surge as Meme Stock Slumps"
TL;DR Summary
AMC Entertainment Holding Inc.'s shares have been hitting new lows while its bonds have seen net buying activity, with prices holding steady despite the stock's decline. The bond market has seen strong demand as buyers anticipate expected cuts in interest rates, with AMC's shares falling to an all-time low below $4. Despite being a darling of the 2021 meme stock phenomenon, the market source noted that meme buyers were never involved in the bond market, and AMC shares have fallen 92.6% in the last 52 weeks.
- AMC’s bonds find buyers while original meme stock slides MarketWatch
- AMC Entertainment (AMC) Stock Moves -1.46%: What You Should Know Yahoo Finance
- AMC Theatres shares slip below $4 as original meme stock hits all-time low MSN
- AMC Entertainment Holdings Inc. Cl A stock underperforms Friday when compared to competitors MarketWatch
- Is AMC Entertainment Holdings Inc (AMC) a Winner in the Entertainment Industry? InvestorsObserver
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