This, in turn, would further dilute AMC shares’ value and likely drive the stock price down. In the absence of additional capital, thewhy amc stock down most apparent course of action would be to file for Chapter 11.
AMC Entertainment Holdings Inc.’s shares are down 25.6% this year as the movie-theater chain continues its push beyond the disruption of the pandemic and the fallout。
Shares of top movie theater operator AMC Entertainment fell 9% to close at $4.72 on above-normal trading volume after the company revealed a plan to sell up to 50 million shares。
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