AMC Entertainment Holdings Inc.’s shares are down 25.6% this year as the movie-theater chain continues its push beyowhy amc stock downnd the disruption of the pandemic and the fallout。
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.
Shares of top movie theater operator AMC Entertainment fell 9% to close at $4.72 on above-normal why amc stock downtrading volume after the company revealed a plan to sell up to 50 million shares。
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