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As AMC Entertainment shares popped again Wednesday, the company announced new perks for its retail investors, including a free tub of popcorn. AMC launched Investor Connect, a portal on its website for individual investors. The site, which requires stockholders to self-identify and sign up for the chain’s loyalty program, contains special offers and company updates. AMC said it had 3.2 million individual shareholders as of March 11 and that they own about 80% of the 450 million shares outstanding. Many of them were inspired by the WallStreetBets Reddit page to purchase the stock. CEO Adam Aron is seemingly on a shopping spree thanks to new cash on hand and looking into buying Pacific Theaters and ArcLight Cinemas.
#AMC #WallStreetBets #GME ~AMC Sentiment Analysis | AMC Rewards It's Retail Investors |