AMC had trusted that today would be truly outstanding in it history: Its new APE shares are appearing on the securities exchange,
What's going on? AMC's new "AMC Preferred Equity" (APE) class of offers go marked down today.
Notwithstanding, in pre-market exchanging today, AMC shares are down a faltering 33% as of the hour of this composition.
What's with the new APE shares? You can peruse Fast Company's explainer on AMC's APE shares here, yet at the same so,
they are another class of stock made by AMC. Investors wouldn't permit AMC to make more AMC shares,
For what reason is AMC giving APE shares? AMC necessities to bring money and capital up in request to guarantee its future.
As AMC Entertainment CEO Adam Aron told Yahoo Finance: "It forgets about endurance risk in the close to term.