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AMC also executed a 10-for-1 reverse stock split at the time. AMC CEO Adam Aron previously said the stock conversion was crucial to AMC having proper cash balances in 2024 and 2025.
AMC ( AMC) sank 7% to close at $4.91 per share on Thursday after the country's biggest cinema operator proposed a reverse stock split and a conversion of its APE ( APE) preferred equity units into ...
Additionally, a 1-to-10 reverse stock split is scheduled for August 24, according to an SEC filing, meaning every 10 shares held by an investor will now become one share but at a higher value.
AMC Entertainment Holdings, Inc (NYSE:AMC) stock is trading lower Friday, like other popular retail trader stocks, also called the ‘meme stocks,’ in sympathy with GameStop Corp (NYSE:GME).
AMC Entertainment ( AMC) is cashing in on the revival of the meme stock trade. The struggling theater chain raised $250 million of "new equity capital" through the sale of 72.5 million shares on ...
A judge on Friday blocked a proposed settlement on AMC Entertainment Holdings’ stock conversion plan that would allow the company to issue more shares, sending its common shares soaring and ...
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