Going Ape: AMC is Issuing Preferred Equity Units to Shareholders. Now What?

Winter may have arrived early in the cryptocurrency sector (aka crypto winter), but the summer trade in so-called “meme stocks” remains hot.  In the wake of Q2 earnings season, some of the best-known meme stocks—including AMC Entertainment (AMC) and Bed Bath & Beyond (BBBY)—have spiked dramatically. This month alone, AMC is up over 60%, while shares in BBBY are … Continued

Activists Poke Amazon’s Shareholders

About 30 protesters came together May 25 in front of BlackRock, a financial investment company in Chicago, to encourage Amazon stockholders to vote against what the dissenters view as destructive Amazon business practices. Lining the sidewalk, they waved handmade signs that read “EyesOnAmazon” and chanted “Amazon’s a big polluter, do your part to save our … Continued