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。
AMC enters a sales agreement with Goldman Sachs. Under the agreement, AMC may sell up to 50 million of its Class A shares over time. AMC Entertainment Holdings, Inc.。
In one year’s time, the stock of AMC Entertainment (NYSE:AMC), which currently operates 950 movie theatres and is the market leader in the U.S., plunged from nearly $why amc stock down90 a。
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why amc stock down|AMC Stock Is Down 90% But This Analyst Still Says It’s Not a ‘Buy’
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