yeah, it's really disappointing how hedge funds have been manipulating that stock price and throwing all their resources at trying to TKO the company, which is one of the only consistently solid national movie theater chains left standing around the country. the people have loudly shown they support companies like AMC who often make moves with the customer in mind. It's a shame the SEC head won't just stand up to the hedgies and let the chips fall where they may. though like much of great nation's bureaucracy, everyone's bought and paid for, so no change will happen until we get some fresh blood with morals, dignity, and a conscience in positions of power. As for the CEO raise, not sure how long they think this can continue going on, but it's pretty much just the norm at every Fortune500 company, while stripping staffs, offering worse products/services, and not caring about doing a social good anymore.
The math aint mathing. AMC stock is down 90% from last year and this CEO gave himself a raise. Smh.
yeah, it's really disappointing how hedge funds have been manipulating that stock price and throwing all their resources at trying to TKO the company, which is one of the only consistently solid national movie theater chains left standing around the country. the people have loudly shown they support companies like AMC who often make moves with the customer in mind. It's a shame the SEC head won't just stand up to the hedgies and let the chips fall where they may. though like much of great nation's bureaucracy, everyone's bought and paid for, so no change will happen until we get some fresh blood with morals, dignity, and a conscience in positions of power. As for the CEO raise, not sure how long they think this can continue going on, but it's pretty much just the norm at every Fortune500 company, while stripping staffs, offering worse products/services, and not caring about doing a social good anymore.