AMC enters a sales agreement withwhy amc stock down Goldman Sachs. Under the agreement, AMC may sell up to 50 million of its Class A shares over time. AMC Entertainment Holdings, Inc.。
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 trading volume afwhy amc stock downter the company revealed a plan to sell up to 50 million shares。
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