AMC Entertainment Plunges Following Possible Reverse Split: Here's What To Watch For - AMC Entertainment (NYSE:AMC)

AMC Entertainment Plunges Following Possible Reverse Split: Here's What To Watch For - AMC Entertainment (NYSE:AMC)

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AMC Entertainment Holdings, Inc AMC gapped down a whopping 22% to start Thursday’s trading session after announcing an equity capital raise and a debt for equity exchange. The company also proposed a vote to convert AMC Preferred Equity Units APE into common shares and enact a reverse stock split,…

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