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AMC's meme-stock sales are approaching its total valuation

Por: MarketWatch Business December 23, 2022

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The price of AMC’s APE units jumped 75.2% to $1.20 on Thursday. AMC shares closed with a 7.4% decline at $4.91. Even before the $110 million equity raise announced Thursday, AMC had sold $2.04 billion in stock since the beginning of 2021 and the dawn of the meme-stocks era that that launched the movie-theater chain, GameStop Corp. and others into the stratosphere. See also: That total does not include $159.1 million in stock sales that took... + full article



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