• 11/11/2024

AMC Entertainment Shares Soar After Judge Blocks Equity Transactions

Wall Street Journal

AMC Entertainment shares soared 70% after-hours Friday after a judge rejected a proposed court settlement that would have cleared the way for the movie-theater giant to complete a set of equity transactions enabling it to issue substantially more shares.

https://www.wsj.com/articles/amc-entertainment-shares-soar-after-judge-blocks-equity-transactions-e430e315