AMC Entertainment (AMC) Enters $250M ATM Agreement

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Go back to AMC Entertainment (AMC) Enters $250M ATM Agreement

AMC drops 12% as movie theater chain announces new equity offering

March 28, 2024 9:40 AM EDT

Shares of AMC Entertainment Holdings (NYSE: AMC) plummeted more than 12% at the market open Thursday after the company announced it has entered an equity distribution agreement worth up to $250 million.

"In accordance with the terms of the Distribution Agreement, we may,... More