The stock value of AMC Entertainment (NYSE: AMC) took a significant hit on Monday after a recent court ruling greenlit the movie-theater chain’s proposal to convert its preferred equity units, referred to as APEs, into common shares. AMC’s stock experienced a sharp decline of 35%, reaching $3.43 per share. This decline signals the most substantial … Continue reading AMC Plummets, APE Soars As Court Approves Share Conversion Plan