AMC's Stock Conversion Is Over But Strategists Predict More Dilution
(Bloomberg) -- AMC Entertainment Holdings Inc. extended its week-long selloff after the movie theater operator converted a raft of preferred shares into common stock, and strategists say the company will likely sell more shares to pay down debt.Most Read from BloombergPowell Signals Fed Will Raise Rates If Needed, Keep Them HighNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationTesla Investors to Get $12,000 Each From Musk’s SEC DealTrump Returns to Musk’s X With Post of Georgi
Source: yahoo.com
