Forbes contributors publish independent expert analyses and insights. Catherine Brock covers personal finance and investing. AMC Entertainment (AMC) has dominated financial headlines for weeks and the ...
The mega exhibitor saw its stock price fall ahead of plans to convert its preferred equity units, or “APE” shares, to common stock on Aug. 25 in a bid to reduce its overall debt load. By Etan Vlessing ...
Aug 14 (Reuters) - AMC Entertainment Holdings (AMC.N), opens new tab said on Monday its 10-to-1 reverse stock split will take place on Aug. 24 and its preferred shares "APE" will be converted to ...
Shares of AMC dropped 24% ahead of the company’s planned conversion of preferred “Ape” units into common stock and effectuate a 10-for-1 reverse split. AMC has said it needs to issue more ...
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