AMC Entertainment (AMC) Falls To New Low & Proposes Stock Split

AMC Entertainment (AMC) announced that it will raise $110M in new equity capital. Jenny Horne and Ben Lichtenstein discuss AMC throughout the year, as it recently fell to a new 52-week low. They talk about how AMC will sell APE unit to Antara Capital in two tranches at $0.66 per share. They also go over how AMC proposed a 1-for-10 reverse split of common stock. Tune in to find out more about the stock market today.

Next Gen Investing

22 Dec 2022

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