Oct 29, 2021 · Some of these retail investors call themselves "apes," a play on Wall Street referring to them as "dumb money." In a digital uprising on Reddit, Twitter and YouTube, they have jumped into the...

Sep 13, 2023 · AMC announced plans to reverse split its stock and convert the APE shares in December 2022. The company, needing shareholder approval for both initiatives, scheduled the shareholder vote for...

Sep 11, 2023 · As a workaround, AMC introduced the AMC Preferred Equity units or “APEs”. A few months later, AMC proposed a shareholder vote to convert the preferred shares into common stock and execute...

Dec 21, 2022 · During the second quarter of 2022, AMC Entertainment (AMC) announced the creation of AMC Preferred Equity units (APEs). Each AMC shareholder received one APE share for each AMC share they...

Aug 14, 2023 · A Delaware court-approved settlement for converting AMC Preferred Equity (APE) units into common shares. AMC faces the prospect of ~90% dilution as APE shares are set to merge with common...

Aug 14, 2023 · AMC shares sink after a judge approves its plan to convert AMC Preferred Equity (APE) shares into common stock. The AMC settlement gives investors extra shares of the company. AMC said it would...

Jul 26, 2023 · AMC Entertainment Holdings Inc. investors have been on a wild ride in recent days after a flurry of developments in a blockbuster shareholder case against the theater chain, starting with a surprise court ruling July 21 that temporarily scuttled a nine-figure legal settlement.

Jul 11, 2021 · In the eyes of apes, AMC's share price has been manipulated by Wall Street, with hedge fund giant Citadel, headed by billionaire Ken Griffin, taking on the role of chief villain in their story.

Dec 23, 2021 · WSJ's Alexander Gladstone and Erich Schwartzel introduce the online movement that saved AMC. And self-declared 'ape' investor David Dumas explains why he jumped in.

Jul 21, 2023 · Shares in AMC Theatres soared by just over 60 percent late Friday — and at one point by 100 percent — after a Delaware Court judge blocked parent AMC Entertainment Holdings from proceeding with...