Tag: Reverse Stock Splits
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Alibaba, Nio stocks fall, Rivian and Nikola shares rally and other stocks on the move
[ad_1] Here are some of the bigger movers on Tuesday: Stock gainers: Shares of Rivian Automotive Inc. RIVN, +4.58% rallied 4% in morning toward a near three-month high, after the electric vehicle maker announced an agreement that will allow drivers of Rivian EVs access to Tesla Inc.’s Supercharger network. Tesla’s stock TSLA, +3.00% rose 1.5%,…
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AMC says it’s reached deal to settle shareholder lawsuit over APE conversion
[ad_1] AMC Entertainment Holdings Inc. said over the weekend it has reached an agreement to settle a court fight with shareholders concerning a proposed stock conversion. “AMC has recently reached an agreement to settle a putative stockholder class action concerning the proposed conversion of AMC Preferred Equity Units into Common Stock and reverse stock split,”…
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AMC set to expand its branded popcorn sales to 2,600 Walmart stores
[ad_1] AMC Entertainment Holdings Inc. is set to sell its branded popcorn at 2,600 Walmart Inc. stores across the U.S. On Sunday AMC AMC CEO Adam Aron gave an update on the movie-theater chain and meme-stock darling’s push to sell its popcorn in grocery stores. AMC announced its partnership with Walmart WMT earlier this year, with…