AMC Stock Surges Despite Court Denying APE Share Conversion Settlement
TL;DR Summary
AMC Entertainment Holdings' shares rose by 22% to $4.94 in midday trading after the company announced that it will not proceed with its reverse stock split or the conversion of AMC Preferred Equity Units into Class A common stock until a Delaware Chancery Court makes a decision.
Topics:business#amc-entertainment-holdings#business#common-stock#delaware-chancery-court#stock-split#theater-chain
- AMC Shares Up 22% After Reverse Stock Split Gets Put On Hold MarketWatch
- AMC stock rises, APE shares fall after court denies conversion settlement Yahoo Finance
- AMC Stock Pops, APE Tumbles As Court Won't OK Share Conversion Settlement Yet | Investor's Business Daily Investor's Business Daily
- Judge Denies Quick Settlement Of AMC Entertainment Shareholder Lawsuit Deadline
- AMC stock surges despite court decision to deny APE shares settlement Yahoo Finance
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