AMC's stock falls 21% ahead of APE stock conversion
Shares of AMC are on pace to extend a two-day losing streak.
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Shares of AMC are on pace to extend a two-day losing streak.
AMC will conclude a 10-for-1 reverse stock split on Thursday, and then its preferred equity units will convert to common stock on Friday.
"Sentiment has never felt worse in regards to AMC,” said Tommy Tranfo, head of community at Stocktwits
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