Front Page of CNBC has news story calling AMC investors "Apes" and references WSB as the catalyst for the stock price surging. Article details CEO Adam Aaron's growth plans with new capital and acquisition opportunities. No plans to use to capital to reduce debt, at least, not right away. Instead, he wants to increase the footprint, update existing cinemas, and explore new technologies.
Article details CNBC's trolling of WSB subreddit pages, including quotes, phrases and memes of gorillas having sex with other gorillas. Those poor interns. LOL
CNBC claims short sellers lost $1.23 Billion last week alone.
Adam Aaron and AMC both plan to donate $50,000 to the Dian Fossey Gorilla Fund.
Here's a link to the article:
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