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AMC Stock Falls After Exhibitor Reveals Plan To Sell Up To 50M Shares; Investors Fume On Social Media

UPDATED with closing price. Shares of top movie theater operator AMC Entertainment fell 9% to close at $4.72 on above-normal trading volume after the company revealed a plan to sell up to 50 million shares of stock. In an SEC filing, the company said it would use proceeds from the share sale “to strengthen the […]

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