AMC Stock Plunges Over 20% As It Announces 40 Million New Shares To Raise Funds
AMC Entertainment plans to sell 40 million new shares to raise funds, causing its stock to drop by 23%.
![](https://imageio.forbes.com/specials-images/imageserve/64beb3be01ffb2693ed98952/0x0.jpg?format=jpg&crop=2651,1492,x0,y137,safe&width=1200)
AMC Entertainment plans to sell 40 million new shares to raise funds, causing its stock to drop by 23%.