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Skyhansc
2021-12-30
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Alcoa to Curtail San Ciprian Smelter, With Commitment to Restart
Skyhansc
2021-09-20
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AMC gives back gains, it falls over 6% in premarket trading
Skyhansc
2021-09-11
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2021-06-12
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AMC Bet by Hedge Fund Unravels Thanks to Meme-Stock Traders
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2021-06-10
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Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1640827388,"share":"https://www.laohu8.com/m/news/1143883744?lang=&edition=full","pubTime":"2021-12-30 09:23","market":"us","language":"en","title":"Alcoa to Curtail San Ciprian Smelter, With Commitment to Restart","url":"https://stock-news.laohu8.com/highlight/detail?id=1143883744","media":"Dow Jones","summary":"Alcoa Corp. on Wednesday said it reached an agreement which will curtail operations at its San Cipri","content":"<html><head></head><body><p>Alcoa Corp. on Wednesday said it reached an agreement which will curtail operations at its San Ciprian smelter in Spain for two years, with a commitment to begin restarting the facility in January 2024.</p><p>Alcoa said the agreement with workers' representatives at the aluminum plant is "aimed at resolving ongoing challenges that stem from exorbitant energy prices."</p><p>The deal will see the curtailment activity at the facility, which has 228,000 metric tons of annual capacity, begin Jan. 1, with the goal of completion before the end of that month, Alcoa said.</p><p>While the facility is curtailed, Alcoa said, it will "seek to secure as soon as possible long-term power purchase agreements, beginning from 2024."</p><p>Alcoa said it expects to record restructuring-related charges in the fourth quarter 2021 of about $60 million, pre- and after-tax, or 32 cents a share. The company said about half of the costs will be paid in each of 2022 and 2023.</p><p>Alcoa also said it committed $68 million for capital investments and $35 million for restart costs at the facility.</p><p>As part of the deal, workers agreed to cease a strike action that affected the smelter and the alumina refinery, Alcoa said. The company also said it will provide employees full wages and benefits during the curtailment period and "provide a new collective bargaining agreement which includes pay increases extending to the end of 2025." Alcoa will also extend the contracts of contractor companies through 2024, it said.</p><p>While the smelter is curtailed, "the casthouse will continue to operate, and the San Ciprian alumina refinery will continue to operate normally," Alcoa said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title> Alcoa to Curtail San Ciprian Smelter, With Commitment to Restart</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n Alcoa to Curtail San Ciprian Smelter, With Commitment to Restart\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-12-30 09:23</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Alcoa Corp. on Wednesday said it reached an agreement which will curtail operations at its San Ciprian smelter in Spain for two years, with a commitment to begin restarting the facility in January 2024.</p><p>Alcoa said the agreement with workers' representatives at the aluminum plant is "aimed at resolving ongoing challenges that stem from exorbitant energy prices."</p><p>The deal will see the curtailment activity at the facility, which has 228,000 metric tons of annual capacity, begin Jan. 1, with the goal of completion before the end of that month, Alcoa said.</p><p>While the facility is curtailed, Alcoa said, it will "seek to secure as soon as possible long-term power purchase agreements, beginning from 2024."</p><p>Alcoa said it expects to record restructuring-related charges in the fourth quarter 2021 of about $60 million, pre- and after-tax, or 32 cents a share. The company said about half of the costs will be paid in each of 2022 and 2023.</p><p>Alcoa also said it committed $68 million for capital investments and $35 million for restart costs at the facility.</p><p>As part of the deal, workers agreed to cease a strike action that affected the smelter and the alumina refinery, Alcoa said. The company also said it will provide employees full wages and benefits during the curtailment period and "provide a new collective bargaining agreement which includes pay increases extending to the end of 2025." Alcoa will also extend the contracts of contractor companies through 2024, it said.</p><p>While the smelter is curtailed, "the casthouse will continue to operate, and the San Ciprian alumina refinery will continue to operate normally," Alcoa said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AA":"美国铝业"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143883744","content_text":"Alcoa Corp. on Wednesday said it reached an agreement which will curtail operations at its San Ciprian smelter in Spain for two years, with a commitment to begin restarting the facility in January 2024.Alcoa said the agreement with workers' representatives at the aluminum plant is \"aimed at resolving ongoing challenges that stem from exorbitant energy prices.\"The deal will see the curtailment activity at the facility, which has 228,000 metric tons of annual capacity, begin Jan. 1, with the goal of completion before the end of that month, Alcoa said.While the facility is curtailed, Alcoa said, it will \"seek to secure as soon as possible long-term power purchase agreements, beginning from 2024.\"Alcoa said it expects to record restructuring-related charges in the fourth quarter 2021 of about $60 million, pre- and after-tax, or 32 cents a share. The company said about half of the costs will be paid in each of 2022 and 2023.Alcoa also said it committed $68 million for capital investments and $35 million for restart costs at the facility.As part of the deal, workers agreed to cease a strike action that affected the smelter and the alumina refinery, Alcoa said. The company also said it will provide employees full wages and benefits during the curtailment period and \"provide a new collective bargaining agreement which includes pay increases extending to the end of 2025.\" Alcoa will also extend the contracts of contractor companies through 2024, it said.While the smelter is curtailed, \"the casthouse will continue to operate, and the San Ciprian alumina refinery will continue to operate normally,\" Alcoa said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":645,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":860383052,"gmtCreate":1632135912276,"gmtModify":1632802625756,"author":{"id":"3586147233602171","authorId":"3586147233602171","name":"Skyhansc","avatar":"https://static.tigerbbs.com/a11d85ac81fa488d15434daae1abbd37","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586147233602171","idStr":"3586147233602171"},"themes":[],"htmlText":"Noice","listText":"Noice","text":"Noice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/860383052","repostId":"1111254320","repostType":4,"repost":{"id":"1111254320","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1632127101,"share":"https://www.laohu8.com/m/news/1111254320?lang=&edition=full","pubTime":"2021-09-20 16:38","market":"us","language":"en","title":"AMC gives back gains, it falls over 6% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1111254320","media":"Tiger Newspress","summary":"(Sept 20) AMC Entertainment gives back gains, it falls over 6% in premarket trading.\nOne of the hott","content":"<p>(Sept 20) <a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> gives back gains, it falls over 6% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/fc642621773e1f05ceb243ea0e880131\" tg-width=\"1066\" tg-height=\"536\" referrerpolicy=\"no-referrer\">One of the hottest 2021 stocks has been <b><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> Holdings Inc</b>. The stock has gained favor with a loyal community that sees a strong recovery coming for the movie theater company. CEO <b>Adam Aron</b> may have brought in new fans and investors with an openness to accept several cryptocurrencies for payment.</p>\n<p><b>What Happened:</b> Aronannouncedthis week that AMC Entertainment Holdings will accept <b>Bitcoin</b>, <b>Ethereum</b>, <b>Litecoin</b> and <b>Bitcoin Cash</b> transactions as payment.</p>\n<p>The announcement came after Aronsaidon the second quarter earnings call that the movie theater company would accept Bitcoin payments by the end of the year.</p>\n<p>Aron’s announcement ruffled some feathers in the<b>Dogecoin</b>(CRYPTO: DOGE) community, as no announcement has been made to accept the popular meme cryptocurrency at the theaters yet.</p>\n<p><b>NFTs Next?:</b> Many companies have been seeking ways to get more involved with cryptocurrencies to take advantage of rising interest and valuations and also potential new customer bases.</p>\n<p>The rise ofnon-fungible tokensis another area many companies are exploring to see if there are ways to diversify their businesses.</p>\n<p><b>DraftKings Inc</b> ,<b>PLBY Group</b> and <b>Funko Inc</b> are among the well-known companies that have dipped their toes into the NFT market.</p>\n<p>ArontoldCNBC in early September that the company was exploring NFTs as a way to grow the business.</p>\n<p>“There are some ideas that have surfaced,” Aron said.</p>\n<p>The CEO indicated that adding NFTs to the business model could create “real value” for AMC investors and the company.</p>\n<p>“One of the ones I particularly love is to make commemorative movie tickets as an NFT.”</p>\n<p>Aron told CNBC that it could be a “really smart idea” to launch movie ticket NFTs as the movie chain has 50 to 100 big releases in theaters a year.</p>\n<p>The move could make NFTs “mean something for us and customers,” Aron added. The launch of NFTs could drive the business going forward.</p>\n<p>CNBC Fast Money member<b>Guy Adami</b>liked the idea of NFTs from AMC and its CEO while brushing aside talk of a short squeeze in the stock.</p>\n<p>“I respect that,” Adami said of a potential NFT launch.</p>\n<p>The open mindedness from Aron is a reason for bullishness, Adami added.</p>\n<p>While Adami doesn’t love the current AMC business model, he highlighted that he likes how Aron could be skating to where the puck might be going, referencing a famous quote from NHL great Wayne Gretzky.</p>\n<p><b>Price Action:</b> AMC shares were trading at $44.09 last Friday. Shares have traded between $1.91 and $72.62 over the last 52 weeks.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC gives back gains, it falls over 6% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC gives back gains, it falls over 6% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-20 16:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Sept 20) <a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> gives back gains, it falls over 6% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/fc642621773e1f05ceb243ea0e880131\" tg-width=\"1066\" tg-height=\"536\" referrerpolicy=\"no-referrer\">One of the hottest 2021 stocks has been <b><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> Holdings Inc</b>. The stock has gained favor with a loyal community that sees a strong recovery coming for the movie theater company. CEO <b>Adam Aron</b> may have brought in new fans and investors with an openness to accept several cryptocurrencies for payment.</p>\n<p><b>What Happened:</b> Aronannouncedthis week that AMC Entertainment Holdings will accept <b>Bitcoin</b>, <b>Ethereum</b>, <b>Litecoin</b> and <b>Bitcoin Cash</b> transactions as payment.</p>\n<p>The announcement came after Aronsaidon the second quarter earnings call that the movie theater company would accept Bitcoin payments by the end of the year.</p>\n<p>Aron’s announcement ruffled some feathers in the<b>Dogecoin</b>(CRYPTO: DOGE) community, as no announcement has been made to accept the popular meme cryptocurrency at the theaters yet.</p>\n<p><b>NFTs Next?:</b> Many companies have been seeking ways to get more involved with cryptocurrencies to take advantage of rising interest and valuations and also potential new customer bases.</p>\n<p>The rise ofnon-fungible tokensis another area many companies are exploring to see if there are ways to diversify their businesses.</p>\n<p><b>DraftKings Inc</b> ,<b>PLBY Group</b> and <b>Funko Inc</b> are among the well-known companies that have dipped their toes into the NFT market.</p>\n<p>ArontoldCNBC in early September that the company was exploring NFTs as a way to grow the business.</p>\n<p>“There are some ideas that have surfaced,” Aron said.</p>\n<p>The CEO indicated that adding NFTs to the business model could create “real value” for AMC investors and the company.</p>\n<p>“One of the ones I particularly love is to make commemorative movie tickets as an NFT.”</p>\n<p>Aron told CNBC that it could be a “really smart idea” to launch movie ticket NFTs as the movie chain has 50 to 100 big releases in theaters a year.</p>\n<p>The move could make NFTs “mean something for us and customers,” Aron added. The launch of NFTs could drive the business going forward.</p>\n<p>CNBC Fast Money member<b>Guy Adami</b>liked the idea of NFTs from AMC and its CEO while brushing aside talk of a short squeeze in the stock.</p>\n<p>“I respect that,” Adami said of a potential NFT launch.</p>\n<p>The open mindedness from Aron is a reason for bullishness, Adami added.</p>\n<p>While Adami doesn’t love the current AMC business model, he highlighted that he likes how Aron could be skating to where the puck might be going, referencing a famous quote from NHL great Wayne Gretzky.</p>\n<p><b>Price Action:</b> AMC shares were trading at $44.09 last Friday. Shares have traded between $1.91 and $72.62 over the last 52 weeks.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111254320","content_text":"(Sept 20) AMC Entertainment gives back gains, it falls over 6% in premarket trading.\nOne of the hottest 2021 stocks has been AMC Entertainment Holdings Inc. The stock has gained favor with a loyal community that sees a strong recovery coming for the movie theater company. CEO Adam Aron may have brought in new fans and investors with an openness to accept several cryptocurrencies for payment.\nWhat Happened: Aronannouncedthis week that AMC Entertainment Holdings will accept Bitcoin, Ethereum, Litecoin and Bitcoin Cash transactions as payment.\nThe announcement came after Aronsaidon the second quarter earnings call that the movie theater company would accept Bitcoin payments by the end of the year.\nAron’s announcement ruffled some feathers in theDogecoin(CRYPTO: DOGE) community, as no announcement has been made to accept the popular meme cryptocurrency at the theaters yet.\nNFTs Next?: Many companies have been seeking ways to get more involved with cryptocurrencies to take advantage of rising interest and valuations and also potential new customer bases.\nThe rise ofnon-fungible tokensis another area many companies are exploring to see if there are ways to diversify their businesses.\nDraftKings Inc ,PLBY Group and Funko Inc are among the well-known companies that have dipped their toes into the NFT market.\nArontoldCNBC in early September that the company was exploring NFTs as a way to grow the business.\n“There are some ideas that have surfaced,” Aron said.\nThe CEO indicated that adding NFTs to the business model could create “real value” for AMC investors and the company.\n“One of the ones I particularly love is to make commemorative movie tickets as an NFT.”\nAron told CNBC that it could be a “really smart idea” to launch movie ticket NFTs as the movie chain has 50 to 100 big releases in theaters a year.\nThe move could make NFTs “mean something for us and customers,” Aron added. The launch of NFTs could drive the business going forward.\nCNBC Fast Money memberGuy Adamiliked the idea of NFTs from AMC and its CEO while brushing aside talk of a short squeeze in the stock.\n“I respect that,” Adami said of a potential NFT launch.\nThe open mindedness from Aron is a reason for bullishness, Adami added.\nWhile Adami doesn’t love the current AMC business model, he highlighted that he likes how Aron could be skating to where the puck might be going, referencing a famous quote from NHL great Wayne Gretzky.\nPrice Action: AMC shares were trading at $44.09 last Friday. Shares have traded between $1.91 and $72.62 over the last 52 weeks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881157045,"gmtCreate":1631319545087,"gmtModify":1632883228383,"author":{"id":"3586147233602171","authorId":"3586147233602171","name":"Skyhansc","avatar":"https://static.tigerbbs.com/a11d85ac81fa488d15434daae1abbd37","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586147233602171","idStr":"3586147233602171"},"themes":[],"htmlText":"Like 👍","listText":"Like 👍","text":"Like 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/881157045","repostId":"2166902375","repostType":4,"isVote":1,"tweetType":1,"viewCount":93,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186270982,"gmtCreate":1623505649546,"gmtModify":1634032283833,"author":{"id":"3586147233602171","authorId":"3586147233602171","name":"Skyhansc","avatar":"https://static.tigerbbs.com/a11d85ac81fa488d15434daae1abbd37","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586147233602171","idStr":"3586147233602171"},"themes":[],"htmlText":"Like and reply please ","listText":"Like and reply please ","text":"Like and reply please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/186270982","repostId":"1104635261","repostType":4,"repost":{"id":"1104635261","pubTimestamp":1623470020,"share":"https://www.laohu8.com/m/news/1104635261?lang=&edition=full","pubTime":"2021-06-12 11:53","market":"us","language":"en","title":"AMC Bet by Hedge Fund Unravels Thanks to Meme-Stock Traders","url":"https://stock-news.laohu8.com/highlight/detail?id=1104635261","media":"The Wall Street Journal","summary":"Losses by Mudrick Capital show the risks of exposure to meme stocks.\n\nA multipronged bet onAMC Enter","content":"<blockquote>\n <b>Losses by Mudrick Capital show the risks of exposure to meme stocks.</b>\n</blockquote>\n<p>A multipronged bet onAMC Entertainment HoldingsInc.AMC15.39%boomeranged this month on Mudrick Capital Management LP, the latest hedge fund to fall victim to swarming day traders.</p>\n<p>Mudrick’s flagship fund lost about 10% in just a few days as a jump in AMC’s stock price unexpectedly triggered changes in the value of derivatives the fund held as part of a complex trading strategy, people familiar with the matter said.</p>\n<p>The setback comes months after a group of traders organizing on social media helped send the price ofGameStopCorp.GME5.88%and other stocks soaring in January, well beyond many investors’ views of underlying fundamentals.</p>\n<p>The development prompted many hedge funds to slash their exposure to meme stocks. Mudrick Capital’s losses highlight how risky retaining significant exposure to such companies can be—even backfiring on a hedge-fund manager who was mostly in sync with the bullishness of individual investors.</p>\n<p>Jason Mudrick, the firm’s founder, had been trading AMC stock, options and bonds for months, surfing a surge of enthusiasm for the theater chain among individual investors. But he also sold call options, derivative contracts meant to hedge the fund’s exposure to AMC should the stock price founder. Those derivative contracts, which gave its buyers the right to buy AMC stock from Mudrick at roughly $40 in the future, ballooned into liabilities when a resurgence ofReddit-fueled buyingrecently pushed AMC’s stock to new records, the people said.</p>\n<p>As part of the broader AMC strategy, executives at Mudrick Capital were in talks with AMC to buy additional shares from the company in late May. On June 1, AMC disclosed that Mudrick Capital had agreed to buy $230.5 million of new stock directly from the company at $27.12 apiece, a premium over where it was then trading.</p>\n<p>Mudrick immediately sold the stock at a profit, a quick flip that was reported by Bloomberg News and that sparked backlash on social media.</p>\n<p>“Mudrick didn’t stab AMC in the back…They shot themselves in the foot,” read one post on Reddit’s Wall Street Bets forum on June 1. Other posts around that time referenced Mudrick as “losers,” “scum bags” and “a large waving pile of s—t with no future.” Members of the forum urged each other to buy and hold.</p>\n<p>Inside Mudrick, executives were growing apprehensive as the AMC rally gained steam. The firm’s risk committee met on the evening of June 1 after the stock closed at $32 and decided to exit all debt and derivative positions the following day.</p>\n<p>It was a day too late.</p>\n<p>AMC’s stock price blew past $40in a matter of hours June 2, hitting an intraday high of $72.62.Call option prices soaredamid a frenzy of trading that Mudrick Capital contributed to and, by the end of the week, the winning trade had turned into a bust, costing the fund hundreds of millions of dollars in losses. Mudrick Capital made a roughly 5% return on the debt it sold but after accounting for its options trade, the fund took a net loss of about 5.4% on AMC.</p>\n<p>Mr. Mudrick’s fund is still up about 12% for the year, one of the people said. Meanwhile, investors who bought AMC stock at the start of the year and held on have gained about 2000%.</p>\n<p>The impact of social media-fueled day traders has become a defining market development this year, costing top hedge funds billions of dollars in losses, sparking a congressional hearing anddrawing scrutinyfrom the U.S. Securities and Exchange Commission. More hedge funds now track individual investors’ sentiment on social media and pay greater attention to companies with smaller market values whose stock price may be more susceptible to the enthusiasms of individual investors.</p>\n<p>Mr. Mudrick specializes in distressed debt investing, often lending to troubled companies at high interest rates or swapping their existing debt for equity in bankruptcy court. Mudrick manages about $3.5 billion in investments firmwide and holds large, illiquid stakes in E-cigarette maker NJOY Holdings Inc. and satellite communications companyGlobalstarInc.from such exchanges. The flagship fund reported returns of about 17% annually from 2018 to 2020, according to data from HSBC Alternative Investment Group.</p>\n<p>But distressed investing opportunities have grownharder to findas easy money from the Federal Reserve has given even struggling companies open access to debt markets. Mr. Mudrick has explored other strategies, launching several special-purpose acquisition companiesand, in the case of AMC, ultimately buying stock in block trades.</p>\n<p>Mr. Mudrick initially applied his typical playbook to AMC, buying bonds for as little as 20 cents on the dollar,lending the company $100 millionin December and swapping some bonds into new shares. Theater attendance, already under pressure, had disappeared almost entirely amid Covid-19 pandemic lockdowns, and AMC stock traded as low as $2. He reasoned that consumers would regain their appetite for big-screen entertainment this year as more Americans got vaccinated.</p>\n<p>Day traders took theirfirst run at AMC in late January, urging each other on with the social-media rallying cry of #SaveAMC and briefly lifting the stock to around $20. AMC’s rising equity value boosted debt prices—one bond Mudrick Capital owned doubled within a week—quickly rewarding Mr. Mudrick’s bullishness. AMC capitalized on its surging stock priceto raise nearly $1 billion in new financingin late January, enabling it to ward off a previously expected bankruptcy filing.</p>\n<p>Around that time, Mr. Mudrick sold call options on AMC stock, producing immediate income to offset potential losses if the theater chain did face problems. The derivatives gave buyers the option to buy AMC shares from Mudrick Capital for about $40—viewed as a seeming improbability when the stock was trading below $10.</p>\n<p>Mr. Mudrick remained in contact with AMC Chief Executive Adam Aron about providing additional funding, leading to his recent share purchase. But he kept the derivative contracts outstanding as an insurance policy, one of the people familiar with the matter said.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC Bet by Hedge Fund Unravels Thanks to Meme-Stock Traders</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC Bet by Hedge Fund Unravels Thanks to Meme-Stock Traders\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-12 11:53 GMT+8 <a href=https://www.wsj.com/articles/amc-bet-by-hedge-fund-unravels-thanks-to-meme-stock-traders-11623431320?mod=markets_lead_pos2><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Losses by Mudrick Capital show the risks of exposure to meme stocks.\n\nA multipronged bet onAMC Entertainment HoldingsInc.AMC15.39%boomeranged this month on Mudrick Capital Management LP, the latest ...</p>\n\n<a href=\"https://www.wsj.com/articles/amc-bet-by-hedge-fund-unravels-thanks-to-meme-stock-traders-11623431320?mod=markets_lead_pos2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.wsj.com/articles/amc-bet-by-hedge-fund-unravels-thanks-to-meme-stock-traders-11623431320?mod=markets_lead_pos2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104635261","content_text":"Losses by Mudrick Capital show the risks of exposure to meme stocks.\n\nA multipronged bet onAMC Entertainment HoldingsInc.AMC15.39%boomeranged this month on Mudrick Capital Management LP, the latest hedge fund to fall victim to swarming day traders.\nMudrick’s flagship fund lost about 10% in just a few days as a jump in AMC’s stock price unexpectedly triggered changes in the value of derivatives the fund held as part of a complex trading strategy, people familiar with the matter said.\nThe setback comes months after a group of traders organizing on social media helped send the price ofGameStopCorp.GME5.88%and other stocks soaring in January, well beyond many investors’ views of underlying fundamentals.\nThe development prompted many hedge funds to slash their exposure to meme stocks. Mudrick Capital’s losses highlight how risky retaining significant exposure to such companies can be—even backfiring on a hedge-fund manager who was mostly in sync with the bullishness of individual investors.\nJason Mudrick, the firm’s founder, had been trading AMC stock, options and bonds for months, surfing a surge of enthusiasm for the theater chain among individual investors. But he also sold call options, derivative contracts meant to hedge the fund’s exposure to AMC should the stock price founder. Those derivative contracts, which gave its buyers the right to buy AMC stock from Mudrick at roughly $40 in the future, ballooned into liabilities when a resurgence ofReddit-fueled buyingrecently pushed AMC’s stock to new records, the people said.\nAs part of the broader AMC strategy, executives at Mudrick Capital were in talks with AMC to buy additional shares from the company in late May. On June 1, AMC disclosed that Mudrick Capital had agreed to buy $230.5 million of new stock directly from the company at $27.12 apiece, a premium over where it was then trading.\nMudrick immediately sold the stock at a profit, a quick flip that was reported by Bloomberg News and that sparked backlash on social media.\n“Mudrick didn’t stab AMC in the back…They shot themselves in the foot,” read one post on Reddit’s Wall Street Bets forum on June 1. Other posts around that time referenced Mudrick as “losers,” “scum bags” and “a large waving pile of s—t with no future.” Members of the forum urged each other to buy and hold.\nInside Mudrick, executives were growing apprehensive as the AMC rally gained steam. The firm’s risk committee met on the evening of June 1 after the stock closed at $32 and decided to exit all debt and derivative positions the following day.\nIt was a day too late.\nAMC’s stock price blew past $40in a matter of hours June 2, hitting an intraday high of $72.62.Call option prices soaredamid a frenzy of trading that Mudrick Capital contributed to and, by the end of the week, the winning trade had turned into a bust, costing the fund hundreds of millions of dollars in losses. Mudrick Capital made a roughly 5% return on the debt it sold but after accounting for its options trade, the fund took a net loss of about 5.4% on AMC.\nMr. Mudrick’s fund is still up about 12% for the year, one of the people said. Meanwhile, investors who bought AMC stock at the start of the year and held on have gained about 2000%.\nThe impact of social media-fueled day traders has become a defining market development this year, costing top hedge funds billions of dollars in losses, sparking a congressional hearing anddrawing scrutinyfrom the U.S. Securities and Exchange Commission. More hedge funds now track individual investors’ sentiment on social media and pay greater attention to companies with smaller market values whose stock price may be more susceptible to the enthusiasms of individual investors.\nMr. Mudrick specializes in distressed debt investing, often lending to troubled companies at high interest rates or swapping their existing debt for equity in bankruptcy court. Mudrick manages about $3.5 billion in investments firmwide and holds large, illiquid stakes in E-cigarette maker NJOY Holdings Inc. and satellite communications companyGlobalstarInc.from such exchanges. The flagship fund reported returns of about 17% annually from 2018 to 2020, according to data from HSBC Alternative Investment Group.\nBut distressed investing opportunities have grownharder to findas easy money from the Federal Reserve has given even struggling companies open access to debt markets. Mr. Mudrick has explored other strategies, launching several special-purpose acquisition companiesand, in the case of AMC, ultimately buying stock in block trades.\nMr. Mudrick initially applied his typical playbook to AMC, buying bonds for as little as 20 cents on the dollar,lending the company $100 millionin December and swapping some bonds into new shares. Theater attendance, already under pressure, had disappeared almost entirely amid Covid-19 pandemic lockdowns, and AMC stock traded as low as $2. He reasoned that consumers would regain their appetite for big-screen entertainment this year as more Americans got vaccinated.\nDay traders took theirfirst run at AMC in late January, urging each other on with the social-media rallying cry of #SaveAMC and briefly lifting the stock to around $20. AMC’s rising equity value boosted debt prices—one bond Mudrick Capital owned doubled within a week—quickly rewarding Mr. Mudrick’s bullishness. AMC capitalized on its surging stock priceto raise nearly $1 billion in new financingin late January, enabling it to ward off a previously expected bankruptcy filing.\nAround that time, Mr. Mudrick sold call options on AMC stock, producing immediate income to offset potential losses if the theater chain did face problems. The derivatives gave buyers the option to buy AMC shares from Mudrick Capital for about $40—viewed as a seeming improbability when the stock was trading below $10.\nMr. Mudrick remained in contact with AMC Chief Executive Adam Aron about providing additional funding, leading to his recent share purchase. But he kept the derivative contracts outstanding as an insurance policy, one of the people familiar with the matter said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":183684817,"gmtCreate":1623328729639,"gmtModify":1634034545627,"author":{"id":"3586147233602171","authorId":"3586147233602171","name":"Skyhansc","avatar":"https://static.tigerbbs.com/a11d85ac81fa488d15434daae1abbd37","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586147233602171","idStr":"3586147233602171"},"themes":[],"htmlText":"Please like and comment, thanks! ","listText":"Please like and comment, thanks! ","text":"Please like and comment, thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/183684817","repostId":"1141800952","repostType":2,"isVote":1,"tweetType":1,"viewCount":211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":183684817,"gmtCreate":1623328729639,"gmtModify":1634034545627,"author":{"id":"3586147233602171","authorId":"3586147233602171","name":"Skyhansc","avatar":"https://static.tigerbbs.com/a11d85ac81fa488d15434daae1abbd37","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586147233602171","authorIdStr":"3586147233602171"},"themes":[],"htmlText":"Please like and comment, thanks! ","listText":"Please like and comment, thanks! ","text":"Please like and comment, thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/183684817","repostId":"1141800952","repostType":2,"isVote":1,"tweetType":1,"viewCount":211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186270982,"gmtCreate":1623505649546,"gmtModify":1634032283833,"author":{"id":"3586147233602171","authorId":"3586147233602171","name":"Skyhansc","avatar":"https://static.tigerbbs.com/a11d85ac81fa488d15434daae1abbd37","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586147233602171","authorIdStr":"3586147233602171"},"themes":[],"htmlText":"Like and reply please ","listText":"Like and reply please ","text":"Like and reply please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/186270982","repostId":"1104635261","repostType":4,"repost":{"id":"1104635261","pubTimestamp":1623470020,"share":"https://www.laohu8.com/m/news/1104635261?lang=&edition=full","pubTime":"2021-06-12 11:53","market":"us","language":"en","title":"AMC Bet by Hedge Fund Unravels Thanks to Meme-Stock Traders","url":"https://stock-news.laohu8.com/highlight/detail?id=1104635261","media":"The Wall Street Journal","summary":"Losses by Mudrick Capital show the risks of exposure to meme stocks.\n\nA multipronged bet onAMC Enter","content":"<blockquote>\n <b>Losses by Mudrick Capital show the risks of exposure to meme stocks.</b>\n</blockquote>\n<p>A multipronged bet onAMC Entertainment HoldingsInc.AMC15.39%boomeranged this month on Mudrick Capital Management LP, the latest hedge fund to fall victim to swarming day traders.</p>\n<p>Mudrick’s flagship fund lost about 10% in just a few days as a jump in AMC’s stock price unexpectedly triggered changes in the value of derivatives the fund held as part of a complex trading strategy, people familiar with the matter said.</p>\n<p>The setback comes months after a group of traders organizing on social media helped send the price ofGameStopCorp.GME5.88%and other stocks soaring in January, well beyond many investors’ views of underlying fundamentals.</p>\n<p>The development prompted many hedge funds to slash their exposure to meme stocks. Mudrick Capital’s losses highlight how risky retaining significant exposure to such companies can be—even backfiring on a hedge-fund manager who was mostly in sync with the bullishness of individual investors.</p>\n<p>Jason Mudrick, the firm’s founder, had been trading AMC stock, options and bonds for months, surfing a surge of enthusiasm for the theater chain among individual investors. But he also sold call options, derivative contracts meant to hedge the fund’s exposure to AMC should the stock price founder. Those derivative contracts, which gave its buyers the right to buy AMC stock from Mudrick at roughly $40 in the future, ballooned into liabilities when a resurgence ofReddit-fueled buyingrecently pushed AMC’s stock to new records, the people said.</p>\n<p>As part of the broader AMC strategy, executives at Mudrick Capital were in talks with AMC to buy additional shares from the company in late May. On June 1, AMC disclosed that Mudrick Capital had agreed to buy $230.5 million of new stock directly from the company at $27.12 apiece, a premium over where it was then trading.</p>\n<p>Mudrick immediately sold the stock at a profit, a quick flip that was reported by Bloomberg News and that sparked backlash on social media.</p>\n<p>“Mudrick didn’t stab AMC in the back…They shot themselves in the foot,” read one post on Reddit’s Wall Street Bets forum on June 1. Other posts around that time referenced Mudrick as “losers,” “scum bags” and “a large waving pile of s—t with no future.” Members of the forum urged each other to buy and hold.</p>\n<p>Inside Mudrick, executives were growing apprehensive as the AMC rally gained steam. The firm’s risk committee met on the evening of June 1 after the stock closed at $32 and decided to exit all debt and derivative positions the following day.</p>\n<p>It was a day too late.</p>\n<p>AMC’s stock price blew past $40in a matter of hours June 2, hitting an intraday high of $72.62.Call option prices soaredamid a frenzy of trading that Mudrick Capital contributed to and, by the end of the week, the winning trade had turned into a bust, costing the fund hundreds of millions of dollars in losses. Mudrick Capital made a roughly 5% return on the debt it sold but after accounting for its options trade, the fund took a net loss of about 5.4% on AMC.</p>\n<p>Mr. Mudrick’s fund is still up about 12% for the year, one of the people said. Meanwhile, investors who bought AMC stock at the start of the year and held on have gained about 2000%.</p>\n<p>The impact of social media-fueled day traders has become a defining market development this year, costing top hedge funds billions of dollars in losses, sparking a congressional hearing anddrawing scrutinyfrom the U.S. Securities and Exchange Commission. More hedge funds now track individual investors’ sentiment on social media and pay greater attention to companies with smaller market values whose stock price may be more susceptible to the enthusiasms of individual investors.</p>\n<p>Mr. Mudrick specializes in distressed debt investing, often lending to troubled companies at high interest rates or swapping their existing debt for equity in bankruptcy court. Mudrick manages about $3.5 billion in investments firmwide and holds large, illiquid stakes in E-cigarette maker NJOY Holdings Inc. and satellite communications companyGlobalstarInc.from such exchanges. The flagship fund reported returns of about 17% annually from 2018 to 2020, according to data from HSBC Alternative Investment Group.</p>\n<p>But distressed investing opportunities have grownharder to findas easy money from the Federal Reserve has given even struggling companies open access to debt markets. Mr. Mudrick has explored other strategies, launching several special-purpose acquisition companiesand, in the case of AMC, ultimately buying stock in block trades.</p>\n<p>Mr. Mudrick initially applied his typical playbook to AMC, buying bonds for as little as 20 cents on the dollar,lending the company $100 millionin December and swapping some bonds into new shares. Theater attendance, already under pressure, had disappeared almost entirely amid Covid-19 pandemic lockdowns, and AMC stock traded as low as $2. He reasoned that consumers would regain their appetite for big-screen entertainment this year as more Americans got vaccinated.</p>\n<p>Day traders took theirfirst run at AMC in late January, urging each other on with the social-media rallying cry of #SaveAMC and briefly lifting the stock to around $20. AMC’s rising equity value boosted debt prices—one bond Mudrick Capital owned doubled within a week—quickly rewarding Mr. Mudrick’s bullishness. AMC capitalized on its surging stock priceto raise nearly $1 billion in new financingin late January, enabling it to ward off a previously expected bankruptcy filing.</p>\n<p>Around that time, Mr. Mudrick sold call options on AMC stock, producing immediate income to offset potential losses if the theater chain did face problems. The derivatives gave buyers the option to buy AMC shares from Mudrick Capital for about $40—viewed as a seeming improbability when the stock was trading below $10.</p>\n<p>Mr. Mudrick remained in contact with AMC Chief Executive Adam Aron about providing additional funding, leading to his recent share purchase. But he kept the derivative contracts outstanding as an insurance policy, one of the people familiar with the matter said.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC Bet by Hedge Fund Unravels Thanks to Meme-Stock Traders</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC Bet by Hedge Fund Unravels Thanks to Meme-Stock Traders\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-12 11:53 GMT+8 <a href=https://www.wsj.com/articles/amc-bet-by-hedge-fund-unravels-thanks-to-meme-stock-traders-11623431320?mod=markets_lead_pos2><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Losses by Mudrick Capital show the risks of exposure to meme stocks.\n\nA multipronged bet onAMC Entertainment HoldingsInc.AMC15.39%boomeranged this month on Mudrick Capital Management LP, the latest ...</p>\n\n<a href=\"https://www.wsj.com/articles/amc-bet-by-hedge-fund-unravels-thanks-to-meme-stock-traders-11623431320?mod=markets_lead_pos2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.wsj.com/articles/amc-bet-by-hedge-fund-unravels-thanks-to-meme-stock-traders-11623431320?mod=markets_lead_pos2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104635261","content_text":"Losses by Mudrick Capital show the risks of exposure to meme stocks.\n\nA multipronged bet onAMC Entertainment HoldingsInc.AMC15.39%boomeranged this month on Mudrick Capital Management LP, the latest hedge fund to fall victim to swarming day traders.\nMudrick’s flagship fund lost about 10% in just a few days as a jump in AMC’s stock price unexpectedly triggered changes in the value of derivatives the fund held as part of a complex trading strategy, people familiar with the matter said.\nThe setback comes months after a group of traders organizing on social media helped send the price ofGameStopCorp.GME5.88%and other stocks soaring in January, well beyond many investors’ views of underlying fundamentals.\nThe development prompted many hedge funds to slash their exposure to meme stocks. Mudrick Capital’s losses highlight how risky retaining significant exposure to such companies can be—even backfiring on a hedge-fund manager who was mostly in sync with the bullishness of individual investors.\nJason Mudrick, the firm’s founder, had been trading AMC stock, options and bonds for months, surfing a surge of enthusiasm for the theater chain among individual investors. But he also sold call options, derivative contracts meant to hedge the fund’s exposure to AMC should the stock price founder. Those derivative contracts, which gave its buyers the right to buy AMC stock from Mudrick at roughly $40 in the future, ballooned into liabilities when a resurgence ofReddit-fueled buyingrecently pushed AMC’s stock to new records, the people said.\nAs part of the broader AMC strategy, executives at Mudrick Capital were in talks with AMC to buy additional shares from the company in late May. On June 1, AMC disclosed that Mudrick Capital had agreed to buy $230.5 million of new stock directly from the company at $27.12 apiece, a premium over where it was then trading.\nMudrick immediately sold the stock at a profit, a quick flip that was reported by Bloomberg News and that sparked backlash on social media.\n“Mudrick didn’t stab AMC in the back…They shot themselves in the foot,” read one post on Reddit’s Wall Street Bets forum on June 1. Other posts around that time referenced Mudrick as “losers,” “scum bags” and “a large waving pile of s—t with no future.” Members of the forum urged each other to buy and hold.\nInside Mudrick, executives were growing apprehensive as the AMC rally gained steam. The firm’s risk committee met on the evening of June 1 after the stock closed at $32 and decided to exit all debt and derivative positions the following day.\nIt was a day too late.\nAMC’s stock price blew past $40in a matter of hours June 2, hitting an intraday high of $72.62.Call option prices soaredamid a frenzy of trading that Mudrick Capital contributed to and, by the end of the week, the winning trade had turned into a bust, costing the fund hundreds of millions of dollars in losses. Mudrick Capital made a roughly 5% return on the debt it sold but after accounting for its options trade, the fund took a net loss of about 5.4% on AMC.\nMr. Mudrick’s fund is still up about 12% for the year, one of the people said. Meanwhile, investors who bought AMC stock at the start of the year and held on have gained about 2000%.\nThe impact of social media-fueled day traders has become a defining market development this year, costing top hedge funds billions of dollars in losses, sparking a congressional hearing anddrawing scrutinyfrom the U.S. Securities and Exchange Commission. More hedge funds now track individual investors’ sentiment on social media and pay greater attention to companies with smaller market values whose stock price may be more susceptible to the enthusiasms of individual investors.\nMr. Mudrick specializes in distressed debt investing, often lending to troubled companies at high interest rates or swapping their existing debt for equity in bankruptcy court. Mudrick manages about $3.5 billion in investments firmwide and holds large, illiquid stakes in E-cigarette maker NJOY Holdings Inc. and satellite communications companyGlobalstarInc.from such exchanges. The flagship fund reported returns of about 17% annually from 2018 to 2020, according to data from HSBC Alternative Investment Group.\nBut distressed investing opportunities have grownharder to findas easy money from the Federal Reserve has given even struggling companies open access to debt markets. Mr. Mudrick has explored other strategies, launching several special-purpose acquisition companiesand, in the case of AMC, ultimately buying stock in block trades.\nMr. Mudrick initially applied his typical playbook to AMC, buying bonds for as little as 20 cents on the dollar,lending the company $100 millionin December and swapping some bonds into new shares. Theater attendance, already under pressure, had disappeared almost entirely amid Covid-19 pandemic lockdowns, and AMC stock traded as low as $2. He reasoned that consumers would regain their appetite for big-screen entertainment this year as more Americans got vaccinated.\nDay traders took theirfirst run at AMC in late January, urging each other on with the social-media rallying cry of #SaveAMC and briefly lifting the stock to around $20. AMC’s rising equity value boosted debt prices—one bond Mudrick Capital owned doubled within a week—quickly rewarding Mr. Mudrick’s bullishness. AMC capitalized on its surging stock priceto raise nearly $1 billion in new financingin late January, enabling it to ward off a previously expected bankruptcy filing.\nAround that time, Mr. Mudrick sold call options on AMC stock, producing immediate income to offset potential losses if the theater chain did face problems. The derivatives gave buyers the option to buy AMC shares from Mudrick Capital for about $40—viewed as a seeming improbability when the stock was trading below $10.\nMr. Mudrick remained in contact with AMC Chief Executive Adam Aron about providing additional funding, leading to his recent share purchase. But he kept the derivative contracts outstanding as an insurance policy, one of the people familiar with the matter said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881157045,"gmtCreate":1631319545087,"gmtModify":1632883228383,"author":{"id":"3586147233602171","authorId":"3586147233602171","name":"Skyhansc","avatar":"https://static.tigerbbs.com/a11d85ac81fa488d15434daae1abbd37","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586147233602171","authorIdStr":"3586147233602171"},"themes":[],"htmlText":"Like 👍","listText":"Like 👍","text":"Like 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/881157045","repostId":"2166902375","repostType":4,"isVote":1,"tweetType":1,"viewCount":93,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860383052,"gmtCreate":1632135912276,"gmtModify":1632802625756,"author":{"id":"3586147233602171","authorId":"3586147233602171","name":"Skyhansc","avatar":"https://static.tigerbbs.com/a11d85ac81fa488d15434daae1abbd37","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586147233602171","authorIdStr":"3586147233602171"},"themes":[],"htmlText":"Noice","listText":"Noice","text":"Noice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/860383052","repostId":"1111254320","repostType":4,"repost":{"id":"1111254320","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1632127101,"share":"https://www.laohu8.com/m/news/1111254320?lang=&edition=full","pubTime":"2021-09-20 16:38","market":"us","language":"en","title":"AMC gives back gains, it falls over 6% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1111254320","media":"Tiger Newspress","summary":"(Sept 20) AMC Entertainment gives back gains, it falls over 6% in premarket trading.\nOne of the hott","content":"<p>(Sept 20) <a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> gives back gains, it falls over 6% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/fc642621773e1f05ceb243ea0e880131\" tg-width=\"1066\" tg-height=\"536\" referrerpolicy=\"no-referrer\">One of the hottest 2021 stocks has been <b><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> Holdings Inc</b>. The stock has gained favor with a loyal community that sees a strong recovery coming for the movie theater company. CEO <b>Adam Aron</b> may have brought in new fans and investors with an openness to accept several cryptocurrencies for payment.</p>\n<p><b>What Happened:</b> Aronannouncedthis week that AMC Entertainment Holdings will accept <b>Bitcoin</b>, <b>Ethereum</b>, <b>Litecoin</b> and <b>Bitcoin Cash</b> transactions as payment.</p>\n<p>The announcement came after Aronsaidon the second quarter earnings call that the movie theater company would accept Bitcoin payments by the end of the year.</p>\n<p>Aron’s announcement ruffled some feathers in the<b>Dogecoin</b>(CRYPTO: DOGE) community, as no announcement has been made to accept the popular meme cryptocurrency at the theaters yet.</p>\n<p><b>NFTs Next?:</b> Many companies have been seeking ways to get more involved with cryptocurrencies to take advantage of rising interest and valuations and also potential new customer bases.</p>\n<p>The rise ofnon-fungible tokensis another area many companies are exploring to see if there are ways to diversify their businesses.</p>\n<p><b>DraftKings Inc</b> ,<b>PLBY Group</b> and <b>Funko Inc</b> are among the well-known companies that have dipped their toes into the NFT market.</p>\n<p>ArontoldCNBC in early September that the company was exploring NFTs as a way to grow the business.</p>\n<p>“There are some ideas that have surfaced,” Aron said.</p>\n<p>The CEO indicated that adding NFTs to the business model could create “real value” for AMC investors and the company.</p>\n<p>“One of the ones I particularly love is to make commemorative movie tickets as an NFT.”</p>\n<p>Aron told CNBC that it could be a “really smart idea” to launch movie ticket NFTs as the movie chain has 50 to 100 big releases in theaters a year.</p>\n<p>The move could make NFTs “mean something for us and customers,” Aron added. The launch of NFTs could drive the business going forward.</p>\n<p>CNBC Fast Money member<b>Guy Adami</b>liked the idea of NFTs from AMC and its CEO while brushing aside talk of a short squeeze in the stock.</p>\n<p>“I respect that,” Adami said of a potential NFT launch.</p>\n<p>The open mindedness from Aron is a reason for bullishness, Adami added.</p>\n<p>While Adami doesn’t love the current AMC business model, he highlighted that he likes how Aron could be skating to where the puck might be going, referencing a famous quote from NHL great Wayne Gretzky.</p>\n<p><b>Price Action:</b> AMC shares were trading at $44.09 last Friday. Shares have traded between $1.91 and $72.62 over the last 52 weeks.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC gives back gains, it falls over 6% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC gives back gains, it falls over 6% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-20 16:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Sept 20) <a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> gives back gains, it falls over 6% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/fc642621773e1f05ceb243ea0e880131\" tg-width=\"1066\" tg-height=\"536\" referrerpolicy=\"no-referrer\">One of the hottest 2021 stocks has been <b><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> Holdings Inc</b>. The stock has gained favor with a loyal community that sees a strong recovery coming for the movie theater company. CEO <b>Adam Aron</b> may have brought in new fans and investors with an openness to accept several cryptocurrencies for payment.</p>\n<p><b>What Happened:</b> Aronannouncedthis week that AMC Entertainment Holdings will accept <b>Bitcoin</b>, <b>Ethereum</b>, <b>Litecoin</b> and <b>Bitcoin Cash</b> transactions as payment.</p>\n<p>The announcement came after Aronsaidon the second quarter earnings call that the movie theater company would accept Bitcoin payments by the end of the year.</p>\n<p>Aron’s announcement ruffled some feathers in the<b>Dogecoin</b>(CRYPTO: DOGE) community, as no announcement has been made to accept the popular meme cryptocurrency at the theaters yet.</p>\n<p><b>NFTs Next?:</b> Many companies have been seeking ways to get more involved with cryptocurrencies to take advantage of rising interest and valuations and also potential new customer bases.</p>\n<p>The rise ofnon-fungible tokensis another area many companies are exploring to see if there are ways to diversify their businesses.</p>\n<p><b>DraftKings Inc</b> ,<b>PLBY Group</b> and <b>Funko Inc</b> are among the well-known companies that have dipped their toes into the NFT market.</p>\n<p>ArontoldCNBC in early September that the company was exploring NFTs as a way to grow the business.</p>\n<p>“There are some ideas that have surfaced,” Aron said.</p>\n<p>The CEO indicated that adding NFTs to the business model could create “real value” for AMC investors and the company.</p>\n<p>“One of the ones I particularly love is to make commemorative movie tickets as an NFT.”</p>\n<p>Aron told CNBC that it could be a “really smart idea” to launch movie ticket NFTs as the movie chain has 50 to 100 big releases in theaters a year.</p>\n<p>The move could make NFTs “mean something for us and customers,” Aron added. The launch of NFTs could drive the business going forward.</p>\n<p>CNBC Fast Money member<b>Guy Adami</b>liked the idea of NFTs from AMC and its CEO while brushing aside talk of a short squeeze in the stock.</p>\n<p>“I respect that,” Adami said of a potential NFT launch.</p>\n<p>The open mindedness from Aron is a reason for bullishness, Adami added.</p>\n<p>While Adami doesn’t love the current AMC business model, he highlighted that he likes how Aron could be skating to where the puck might be going, referencing a famous quote from NHL great Wayne Gretzky.</p>\n<p><b>Price Action:</b> AMC shares were trading at $44.09 last Friday. Shares have traded between $1.91 and $72.62 over the last 52 weeks.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111254320","content_text":"(Sept 20) AMC Entertainment gives back gains, it falls over 6% in premarket trading.\nOne of the hottest 2021 stocks has been AMC Entertainment Holdings Inc. The stock has gained favor with a loyal community that sees a strong recovery coming for the movie theater company. CEO Adam Aron may have brought in new fans and investors with an openness to accept several cryptocurrencies for payment.\nWhat Happened: Aronannouncedthis week that AMC Entertainment Holdings will accept Bitcoin, Ethereum, Litecoin and Bitcoin Cash transactions as payment.\nThe announcement came after Aronsaidon the second quarter earnings call that the movie theater company would accept Bitcoin payments by the end of the year.\nAron’s announcement ruffled some feathers in theDogecoin(CRYPTO: DOGE) community, as no announcement has been made to accept the popular meme cryptocurrency at the theaters yet.\nNFTs Next?: Many companies have been seeking ways to get more involved with cryptocurrencies to take advantage of rising interest and valuations and also potential new customer bases.\nThe rise ofnon-fungible tokensis another area many companies are exploring to see if there are ways to diversify their businesses.\nDraftKings Inc ,PLBY Group and Funko Inc are among the well-known companies that have dipped their toes into the NFT market.\nArontoldCNBC in early September that the company was exploring NFTs as a way to grow the business.\n“There are some ideas that have surfaced,” Aron said.\nThe CEO indicated that adding NFTs to the business model could create “real value” for AMC investors and the company.\n“One of the ones I particularly love is to make commemorative movie tickets as an NFT.”\nAron told CNBC that it could be a “really smart idea” to launch movie ticket NFTs as the movie chain has 50 to 100 big releases in theaters a year.\nThe move could make NFTs “mean something for us and customers,” Aron added. The launch of NFTs could drive the business going forward.\nCNBC Fast Money memberGuy Adamiliked the idea of NFTs from AMC and its CEO while brushing aside talk of a short squeeze in the stock.\n“I respect that,” Adami said of a potential NFT launch.\nThe open mindedness from Aron is a reason for bullishness, Adami added.\nWhile Adami doesn’t love the current AMC business model, he highlighted that he likes how Aron could be skating to where the puck might be going, referencing a famous quote from NHL great Wayne Gretzky.\nPrice Action: AMC shares were trading at $44.09 last Friday. Shares have traded between $1.91 and $72.62 over the last 52 weeks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":692335089,"gmtCreate":1640844498138,"gmtModify":1640844498138,"author":{"id":"3586147233602171","authorId":"3586147233602171","name":"Skyhansc","avatar":"https://static.tigerbbs.com/a11d85ac81fa488d15434daae1abbd37","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586147233602171","authorIdStr":"3586147233602171"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/692335089","repostId":"1143883744","repostType":4,"repost":{"id":"1143883744","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1640827388,"share":"https://www.laohu8.com/m/news/1143883744?lang=&edition=full","pubTime":"2021-12-30 09:23","market":"us","language":"en","title":"Alcoa to Curtail San Ciprian Smelter, With Commitment to Restart","url":"https://stock-news.laohu8.com/highlight/detail?id=1143883744","media":"Dow Jones","summary":"Alcoa Corp. on Wednesday said it reached an agreement which will curtail operations at its San Cipri","content":"<html><head></head><body><p>Alcoa Corp. on Wednesday said it reached an agreement which will curtail operations at its San Ciprian smelter in Spain for two years, with a commitment to begin restarting the facility in January 2024.</p><p>Alcoa said the agreement with workers' representatives at the aluminum plant is "aimed at resolving ongoing challenges that stem from exorbitant energy prices."</p><p>The deal will see the curtailment activity at the facility, which has 228,000 metric tons of annual capacity, begin Jan. 1, with the goal of completion before the end of that month, Alcoa said.</p><p>While the facility is curtailed, Alcoa said, it will "seek to secure as soon as possible long-term power purchase agreements, beginning from 2024."</p><p>Alcoa said it expects to record restructuring-related charges in the fourth quarter 2021 of about $60 million, pre- and after-tax, or 32 cents a share. The company said about half of the costs will be paid in each of 2022 and 2023.</p><p>Alcoa also said it committed $68 million for capital investments and $35 million for restart costs at the facility.</p><p>As part of the deal, workers agreed to cease a strike action that affected the smelter and the alumina refinery, Alcoa said. The company also said it will provide employees full wages and benefits during the curtailment period and "provide a new collective bargaining agreement which includes pay increases extending to the end of 2025." Alcoa will also extend the contracts of contractor companies through 2024, it said.</p><p>While the smelter is curtailed, "the casthouse will continue to operate, and the San Ciprian alumina refinery will continue to operate normally," Alcoa said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title> Alcoa to Curtail San Ciprian Smelter, With Commitment to Restart</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n Alcoa to Curtail San Ciprian Smelter, With Commitment to Restart\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-12-30 09:23</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Alcoa Corp. on Wednesday said it reached an agreement which will curtail operations at its San Ciprian smelter in Spain for two years, with a commitment to begin restarting the facility in January 2024.</p><p>Alcoa said the agreement with workers' representatives at the aluminum plant is "aimed at resolving ongoing challenges that stem from exorbitant energy prices."</p><p>The deal will see the curtailment activity at the facility, which has 228,000 metric tons of annual capacity, begin Jan. 1, with the goal of completion before the end of that month, Alcoa said.</p><p>While the facility is curtailed, Alcoa said, it will "seek to secure as soon as possible long-term power purchase agreements, beginning from 2024."</p><p>Alcoa said it expects to record restructuring-related charges in the fourth quarter 2021 of about $60 million, pre- and after-tax, or 32 cents a share. The company said about half of the costs will be paid in each of 2022 and 2023.</p><p>Alcoa also said it committed $68 million for capital investments and $35 million for restart costs at the facility.</p><p>As part of the deal, workers agreed to cease a strike action that affected the smelter and the alumina refinery, Alcoa said. The company also said it will provide employees full wages and benefits during the curtailment period and "provide a new collective bargaining agreement which includes pay increases extending to the end of 2025." Alcoa will also extend the contracts of contractor companies through 2024, it said.</p><p>While the smelter is curtailed, "the casthouse will continue to operate, and the San Ciprian alumina refinery will continue to operate normally," Alcoa said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AA":"美国铝业"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143883744","content_text":"Alcoa Corp. on Wednesday said it reached an agreement which will curtail operations at its San Ciprian smelter in Spain for two years, with a commitment to begin restarting the facility in January 2024.Alcoa said the agreement with workers' representatives at the aluminum plant is \"aimed at resolving ongoing challenges that stem from exorbitant energy prices.\"The deal will see the curtailment activity at the facility, which has 228,000 metric tons of annual capacity, begin Jan. 1, with the goal of completion before the end of that month, Alcoa said.While the facility is curtailed, Alcoa said, it will \"seek to secure as soon as possible long-term power purchase agreements, beginning from 2024.\"Alcoa said it expects to record restructuring-related charges in the fourth quarter 2021 of about $60 million, pre- and after-tax, or 32 cents a share. The company said about half of the costs will be paid in each of 2022 and 2023.Alcoa also said it committed $68 million for capital investments and $35 million for restart costs at the facility.As part of the deal, workers agreed to cease a strike action that affected the smelter and the alumina refinery, Alcoa said. The company also said it will provide employees full wages and benefits during the curtailment period and \"provide a new collective bargaining agreement which includes pay increases extending to the end of 2025.\" Alcoa will also extend the contracts of contractor companies through 2024, it said.While the smelter is curtailed, \"the casthouse will continue to operate, and the San Ciprian alumina refinery will continue to operate normally,\" Alcoa said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":645,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}