Connect with us

Business

AMC Just Got a Credit Upgrade. Being a Meme Stock Is Paying Off. – Barron’s

The movie-theater chain has raised plenty of cash this year—and that makes it less likely to default, S&P Ratings says.

Published

on

Article feature image
ADVERTISEMENT

AMC Entertainment
just got a credit-rating upgradeand all because of the meme frenzy. Analysts at S&P Global Ratings say the company is less likely to default after it took advantage of the meme-stock rally to raise cash in equity markets. The companys…

Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

Article feature image
10-year Treasury yield climbs to 1.50% ahead of Fed Chair Powell’s Congress testimony – CNBC
Article feature image
Stocks making the biggest moves midday: DoorDash, MicroStrategy, ZipRecruiter and more – CNBC
Article feature image
Walmart Deals For Days Sale Live Now: Beats Solo Pro For $149, 40-Inch Roku TV For $178, Plus Deals From Apple And LG – GameSpot