big777win| AMC announced it would issue 23 million shares, share price fell sharply
On the evening of the 15th Beijing timebig777win, AMC theaters fell sharply in early trading on Wednesdaybig777winThe movie theater chain previously announced that it would issue more than 23 million shares of stock "in exchange for its 10%/12% cash/PIK Toggle second lien subordinated notes due 2026 for a total principal amount of $163.85 million."
This week, as the meme craze returned to Wall Street, the stock surged for two consecutive trading days, with a cumulative gain of more than 135% in the two days.
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