AMC Entertainment Holdings Inc

The AMC 25 Theatres in Times Square in New York is seen on Tuesday, July 8, 2014.Richard Levine | Corbis News | Getty ImagesAMC Entertainment appears to have found a creative solution to boost its share count and raise funds after investors balked at a proposal to issue more shares last year.AMC on Thursday said it plans to issue a dividend to all common shareholders in the form of preferred shares. The company has applied to list these preferred equity units on the New York Stock Exchange under the symbol "APE," a nod to…

Ernie Garcia, CEO, CarvanaScott Mlyn | CNBCCarvana CEO Ernie Garcia III regularly tells Wall Street that "the march continues" in the company's mission to become the largest and most profitable used car retailer in the world.Its stock price has marched this year as well, just in the wrong direction for investors. Within six months, Carvana has gone from Wall Street's preferred used car retailer poised to capitalize on a robust market to trading like a volatile meme stock amid cost-cutting measures and layoffs.The fall…

Check out the companies making headlines in midday trading Thursday.Carvana — Shares of the online used-car retailer popped nearly 30%, alongside other heavily shorted stocks. Nearly 29% of Carvana shares available for trading are sold short, according to FactSet. The company has faced negative sentiment on Wall Street recently, with downgrades this month from Stifel, Morgan Stanley and Wells Fargo.Tapestry — Shares soared 15.9% after the luxury company behind Coach and Kate Spade reported that it expects Covid-related…

A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022.Brendan McDermid | ReutersShares of two meme stocks surged Thursday, adding an unexpected wrinkle for a market that has been dropping in choppy trading for more than a month.GameStop jumped more than 30% and was halted for volatility multiple times, before its gains shank to about 5%. The stock of theater chain AMC Entertainment rose 7%, down from a surge of more than 20% at one point.GameStop…

A Peloton Interactive Inc. logo on a stationary bike at the company's showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021.Adam Glanzman | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading.Peloton – Shares tumbled 12% after the equipment maker disclosed it's piling up excess inventory and burning through cash in a disappointing earnings report. Peloton also issued a dim fiscal fourth-quarter sales outlook and expects an upcoming price hike may lose the company some…

An AMC theatre is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021.Carlo Allegri | ReutersCheck out the companies making headlines after hours.AMC — Shares jumped 4% after the entertainment company reported its "strongest first quarter in two full years" as consumers return to movie theaters. AMC beat on revenues with $785.7 million, compared to the $743 million expected by analysts polled by Refinitiv.Novavax — Shares dropped more than…

The AMC 25 Theatres in Times Square in New York is seen on Tuesday, July 8, 2014.Richard Levine | Corbis News | Getty ImagesNot even the tag-team of Spider-Man and Batman could make AMC Entertainment profitable during the first quarter. Still, shares of the movie theater chain rose more than 3% after hours Monday after it posted a narrower-than-expected loss during the period.AMC has made big strides towards recovery since the pandemic shuttered all of its locations globally in 2020, but a limited slate of new films…