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-- 64.980 Before the Bell | AMC CEO Aron says he's done selling stock
By Danilo
Hey, mooers! Here are things you need to know before the opening bell:
- U.S. stock futures were little changed during early trading on Thursday after the Nasdaq Composite rose for the third session despite a red-hot consumer price index report.
- AMC Entertainment Chief Executive Adam Aron sold another $7.1 million shares of the movie theater giant this week, and said he's done selling the stock.
Market Snapshot
U.S. stock futures were little changed during early trading on Thursday after the Nasdaq Composite rose for the third session despite a red-hot consumer price index report.
$Dow Jones Industrial Average (.DJI.US)$ futures were up 20 points. $S&P 500 Index (.SPX.US)$ futures were up 5 points, and $NASDAQ 100 Index (.NDX.US)$ futures gained 31.5 points.
Market Temperature
Stock futures waver ahead of jobless data
U.S. stock futures were little changed ahead of data on producer prices and an update on the number of Americans applying for unemployment benefits.
U.S. stock futures were little changed ahead of data on producer prices and an update on the number of Americans applying for unemployment benefits.
Fed's bullard: Four interest rate rises in 2022 now appear likely
Federal Reserve Bank of St. Louis President James Bullard said the U.S. central bank will need to move more aggressively on rate rises this year as it seeks to stem an inflation surge, amid a job market that could see the unemployment rate fall below 3% by the end of the year.
Federal Reserve Bank of St. Louis President James Bullard said the U.S. central bank will need to move more aggressively on rate rises this year as it seeks to stem an inflation surge, amid a job market that could see the unemployment rate fall below 3% by the end of the year.
Federal budget deficit narrowed in December
The federal government ran a $21 billion deficit during December, the smallest monthly gap in two years, as the government took in more tax revenue while spending edged higher.
The federal government ran a $21 billion deficit during December, the smallest monthly gap in two years, as the government took in more tax revenue while spending edged higher.
U.S. seeks to boost availability of Covid-19 treatments
White House officials are expected to outline steps the administration has taken to try to speed up the availability and access to Covid-19 treatments such as antivirals that have been in short supply.
White House officials are expected to outline steps the administration has taken to try to speed up the availability and access to Covid-19 treatments such as antivirals that have been in short supply.
Blackstone sweetens proposal for Australia's Crown Resorts
Troubled Australian casino operator Crown Resorts Ltd. said it received a sweetened takeover proposal from $Blackstone (BX.US)$ that its directors would likely unanimously recommend if the U.S. investment firm were to make a binding offer.
Troubled Australian casino operator Crown Resorts Ltd. said it received a sweetened takeover proposal from $Blackstone (BX.US)$ that its directors would likely unanimously recommend if the U.S. investment firm were to make a binding offer.
Moderna expects to report vaccine data for young children in March
$Moderna (MRNA.US)$ said it expects to report data from its Covid-19 vaccine trial in children ages 2 to 5 in March.
$Moderna (MRNA.US)$ said it expects to report data from its Covid-19 vaccine trial in children ages 2 to 5 in March.
TSMC's net profit rose to record on strong chip demand
$Taiwan Semiconductor (TSM.US)$, the world's largest contract chip maker, reported a 16% jump in fourth-quarter net profit, driven by strong demand for chips used in computers and smartphones.
Read More
$Taiwan Semiconductor (TSM.US)$, the world's largest contract chip maker, reported a 16% jump in fourth-quarter net profit, driven by strong demand for chips used in computers and smartphones.
Read More
Source: CNBC, Dow Jones Newswires, Bloomberg
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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jasonbehr87 : what tis mean?! wat tis mean?!
CJames78 : Good for him. I'm never buying shares in AMC anymore.
Chan Teddy jasonbehr87 : What he meant was, I sold out everything, the stock could go down
PlsLetMeEarnMoney : He and his executives sold AMC at $70 and totally betrayed the reddit following that was trying to HELP HIM pump his stock from the hedgies. Could have easily gone all the way to $400 like GME
CitadelAir : How many more times is he going to be “done” selling stock? \ _ () _/
Sayho Ml : damn... now what?
GameOverBro : buy or sell? someone tell me pls!
Jalapeno : He’s done selling for now, so he sold 25 million ( half ) of what he filed with Securing Everlasting Crime back in 11/21, he sold 7.1 million, that leaves 17.9 million more he still plans to sell , could be as early as tomorrow, next week, next earnings call, just think 32.1 million shares to the free market, im sure none of those shares got bought by hedge funds, AA screwed it for us then , screwed it for us now, and just when you think, MOASS, he’s screwing it for us at that time with another 17.9 million shares still to sell, / Kare wa imanotokoro hanbai o oete irunode, 11/ 21 ni Securing ebārasutingu Crime ni teishutsu shitamonono 2500 man (hanbun) o hanbai shimashita. Kare wa 710 man o hanbai shimashita. , Raishū,-ji no shūeki no yobikake, jiyūichiba e no 3, 210 man kabu o kangaete mite kudasai, sorera no kabu no dore mo Hejjifando ni yotte kōnyū sa renakatta to kakushin shite imasu, AA wa sore o watashitachi no tame ni nejikomi, ima watashitachi no tame ni nejikomimashita, soshite anata ga kangaeru toki, MOASS, kare wa sonotoki watashitachi no tame ni sore o dainashi ni shite ite, mada 1790 man kabu o utte imasu,/ Tā xiànzài yǐjīng mài wánliǎo, suǒyǐ tā mài diàole tā zài 11/21 tíjiāo gěi Securing Everlasting Crime de 2500 wàn (yībàn), tā màile 710 wàn, shèng xià 1790 wàn tā hái jìhuà mài, zuìzǎo kěnéng zài míngtiān, xià zhōu, xià yīcì cáibào diànhuà huìyì, xiǎng xiǎng zìyóu shìchǎng shàng de 3210 wàn gǔ, wǒ gǎn kěndìng zhèxiē gǔpiào dōu méiyǒu bèi duìchōng jījīn mǎi zǒu,AA dāngshí wèi wǒmen gǎo zále, xiànzài wèi wǒmen gǎo zále, tā dāngshí zhèngzài wèi wǒmen gǎo zá, hái yǒu 1790 wàn gǔ réng yǒudài chūshòu,
Robert Peterson Jalapeno : yeah no. he actually is done selling. he would need to file another plan and it would take time to implement. but even then he already spoke out saying he wasn't going to sell anymore for the year