AMC Stock Jumps After $150M Equity Raise — CEO Says Investor Confidence Amid A Resurgent Box Office Is Beating Dilution Fears
AMC said the additional capital provides greater financial flexibility as it pursues its long-term strategic priorities. The company said it sold approximately 105.3 million shares as part of the at-the-market equity offering. AMC also highlighted a strong box office environment, with six films generating domestic opening weekends exceeding $75 million over the past 11 weeks. … Read more