This, in turn, would further dilute AMC shares’ value and likely drive the stock price down. In the absence of additional capital, the most apparent course of action would be to file for Chapter 11.
AMC Entertainment (AMC) has been beaten down lately with too much selling pressure. While the stock has lost 17.8% over the past four weeks, there is light at the end of。
AMC stock finished the month of March down 13.9%, then nose-dived another 21% in April. But in May, shares briefly vaulted 305% and hit a multimonth high of 11.88.
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