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。
Investors seemingly swiftly reacted to such dilution, and AMC plunged 8.27% in the Friday pre-market, from the latest closing price of $5.20 to $4.78. AMC stock 1-day price chart with Friday pre-market. Source: TradingView. Despite the extended-session downtrend, AMC。
AMC Entertainment Holdings Inc.’s shares are down 25.6% this year as the movie-theater chain continues its push beyond the disruption of the pandemic and the fallout。
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why amc stock down|Whats Going On With AMC Entertainment Stock Friday?
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