AMC Crushed In Pre-Market Trading Following Proposal To Convert APE Units, Implement Reverse Stock Split

AMC Entertainment (NYSE: AMC, APE) is currently falling dramatically in pre-market trading following the firm announcing a massive capital raise, along with a debt for equity deal, the possible conversion of APE units to common shares, and finally – a reverse split. In simple terms, the company appears to have thrown everything and the kitchen … Continue reading AMC Crushed In Pre-Market Trading Following Proposal To Convert APE Units, Implement Reverse Stock Split