AMC Entertainment Holdings Inc. saw its stock prices take a 23% nosedive on Tuesday following a shareholder settlement agreement.
Leawood-based AMC's (NYSE: AMC) settlement agreement indicated that it will move forward in converting its AMC Preferred Equity (APE) units into common shares, according to Business Insider.
In Monday's filing with the U.S. Securities and Exchange Commission, AMC is seeking a 10-for-1 reverse stock split after converting the APE units to AMC common stock in order to…AMC stock dips 23% following lawsuit settlement Tuesday
AMC Entertainment Holdings Inc. saw its stock prices take a 23% nosedive on Tuesday following a shareholder settlement agreement.
Leawood-based AMC's (NYSE: AMC) settlement agreement indicated that it will move forward in converting its AMC Preferred Equity (APE) units into common shares, according to Business Insider.
In Monday's filing with the U.S. Securities and Exchange Commission, AMC is seeking a 10-for-1 reverse stock split after converting the APE units to AMC common stock in order to…