AMC shares rise premarket, as APE units reach the end of the road
AMC Entertainment Holdings Inc. saw a 2% rise in premarket trades amidst its reverse stock split and conversion of AMC Preferred Equity unit stock.
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Posted 8/25/2023, 12:18:00 PM
marketwatch.com
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AMC Entertainment Holdings shares are falling ahead of a reverse stock split, causing the number of shares to increase, and the stock conversion is being done to strengthen the company's financial position and pursue growth opportunities.
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