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Top 100 Stocks to Buy: AMC Entertainment Partially Exited Hycroft Mining Earlier This Month. There's Good News and Bad News for AMC Shareholders. [Yahoo! Finance]
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The stock jumped 49% on the news. It is up over 10% in Tuesday morning trading. While Eric Sprott, Hycroft's largest shareholder as of Dec. 18, with a 33% ownership stake, has got to be ecstatic with the news, AMC shareholders must be wondering what, if anything, yesterday's news means for them. Will Tesla Stock Lose Its ‘Elon Musk Premium' After the SpaceX IPO? And You Should Sell TSLA Here? ‘Top Pick' Amazon Had a Dismal Year: What's AMZN Stock's Forecast for 2026? The Case for Nvidia Stock Hitting $275 in 2026 Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Earlier this month, AMC sold a significant piece of their stake in Hycroft to Eric Sprott for $24.1 million. While it retained warrants and a small stake in the gold and silver exploration company, the profits from the hotly debated non-core 2022 investment may not be significant. At a time when movie theaters ver
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