According to Adam Aron, AMC is planning to launch more commercial food products following the reception of its retail popcorn offerings. He shares this information on X, the social media app formerly known as Twitter.
In his post, Aron says that AMC is preparing to release a line of “premium gourmet chocolate candies.” He also mentioned the company is considering offering a special branded wine at its theater locations.
Aron also mentions that the branded wine could include references to the company’s investors. He offered up a few options for the brand’s name, which users can vote on. They are Chateau Simian and Saint Simian. Users can also vote against these names as well.
What to Know About AMC Stock
AMC Entertainment is popular with meme stock investors, which is where the name suggestions for the branded wines come from. AMC’s investors call themselves “apes,” and the company even previously used that as its stock ticker for preferred shares.
AMC stock is down 1% as of Friday morning, with some 8.7 million shares changing hands. For the record, its daily average trading volume is closer to 12.1 million shares.
Investors seeking out even more of the most recent stock market stories are in the right place!
We have all of the biggest stock market news that traders will want to read about on Friday! Among that news is what’s going on with shares of car stocks, why shares of Canopy Growth (NASDAQ:CGC) stock are rising, as well as details concerning a Novartis (NYSE:NVS) spinoff. All of that info is ready to go at the links below!
More Stock Market News for Friday
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- Why Is Canopy Growth (CGC) Stock Up 14% Today?
- NVS Stock Alert: Novartis Shareholders Approve Sandoz Spinoff
On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.