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AMC stock bounces around after 14th consecutive quarterly loss, fourth straight year in the red

AMC shareholders approve ‘APE’ conversion in ‘landslide victory’ but stock tumbles

Chrys Hendricks by Chrys Hendricks
March 14, 2023
in Finance
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Shareholders of AMC Entertainment Holdings Inc. voted overwhelmingly in support of the company’s proposal to convert AMC Preferred Equity units into shares of common stock Tuesday.

AMC’s AMC stock, which was repeatedly halted for volatility Monday, fell 13.8%. APEs APE rose 9.3%.

In January, AMC announced the special meeting of shareholders…

Chrys Hendricks

Chrys Hendricks

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