AMC Entertainment Stock Pops As It Raises Fresh Cash In Stock Sale; Talk Of “Financial Collapse” Now Moot, Says CEO ...Middle East

AMC Entertainment shares rallied as the company completed a previously disclosed equity offering, raising about $325.5 million of new capital. The company said it sold 40 million shares at an average price of approximately $8.14 per share. The move significantly boosts AMC’s cash reserves, addresses current liquidity concerns, and fortifies the balance sheet, AMC said. […]

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