AMC Entertainment CEO Adam Aron told shareholders in an open letter that the company could be in big trouble if the APE conversion doesn't go forward. Delaware Judge Vice Chancellor Morgan T.

Why? Because, as you'll see below, AMC investors have more to process than a reverse split. The APE conversion is AMC's move to convert its preferred equity shares into AMC common stock.

Short sellers are still piling into AMC and APE. Is another short squeeze likely? Here's what investors need to know. Short sellers continue to target AMC and APE shares due to a long list of both ...

That happened in the face of opposition from retail traders known as "apes," and AMC shares getting crushed in value in 2023. The saga of GameStop was detailed in last year's Sony feature Dumb ...

AMC Entertainment plunged 40% on Monday ahead of the company's issuance of "APE" preferred stock. The new preferred stock could one day be converted into common shares and lead to more dilution.

Famed short-seller Jim Chanos is buying AMC Entertainment's new preferred equity share class, dubbed "APE." At the same time, Chanos is shorting AMC Entertainment's common stock, until the two ...