AMC Entertainment (AMC) Announces 40M Share Offering

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Go back to AMC Entertainment (AMC) Announces 40M Share Offering

AMC Entertainment (AMC) sinks 18% as company announced 40M shares ATM offering

September 6, 2023 8:47 AM EDT

Shares of AMC Entertainment (NYSE: AMC) are sinking nearly 18% lower early Wednesday, as the company has filed to offer up to 40,000,000 shares of common stock. The company hired Citigroup, Barclays, B. Riley, and Goldman Sachs to facilitate the offering. The sales may be deemed... More