AMC Stock Movement on the NYSE

[Jack Shootza 50]

What is a zombie company?​

A Zombie Company, also known as zombie firm or living dead, is a term used for a firm that is unable to stand on its own feet – it either needs one or a series of bailouts, or is kept afloat by lenient creditors and below-market interest rates.

I think the whole gd market is in zombie mode, the way it jerks, lurches and flops around from minute to minute, it has epilepsy, and NOBODY can predict its next move. Maybe we ought to shoot it in the head?

 

[HarryBear]

How low is it going to go?
$5 now

 

[SlugSlinger]

GameStop actually made some money. The first time in two years.
After hours trading is through the roof!
Who’s still holding?

 

[HarryBear]

Still bottom feeding dang it.
Where's the moon?

 

[HarryBear]

Who here is still holding?

 

[HarryBear]

So, I had 19 shares of AMC, now it shows I have 2. Where did the other 17 shares go? I did not sell nor did I trade.
See.

 

[HoLeChit]

So, I had 19 shares of AMC, now it shows I have 2. Where did the other 17 shares go? I did not sell nor did I trade.
See.
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AMC had a reverse 10-1 split on 8/24/2023.

https://www.sec.gov/Archives/edgar/data/1411579/000110465923090981/tm2323643d1_8k.htm

 

[HarryBear]

I'll read into this but not a nerd so I am not sure what that means. Also, they gave us APE stock and now it's delisted....

 

[AirMech74]

There was a 10:1 reverse split and then a conversion.... We got hosed

 

[SlugSlinger]

They did the split because it is tanking and reality has set in.

I think it would have been delisted if they reverse split didn't happen.

Looks like it's heading to be delisted anyway with the amount it's dropping per day.

Would have been a great stock to short about a month ago.