AMC Soars After Raising $428 Million in Share Offering
AMC Soars After Raising $428 Million in Share Offering AMC, the worldâs largest movie theater chain, completes an offering of 43 million shares at an average price of $9.94 a share. Author: AMC Entertainment ( AMC) - Get Report soared Thursday after the world’s largest movie theater chain announced it has completed the offering of 43 million shares it launched on April 29. The offering brought AMC $428 million of new equity capital, before commissions and fees, at an average price of $9.94 a share. The stock traded Thursday at $12.56, up 21.69%. It has soared 327% over the past six...