AMC Shares Plummet Ahead Of APE Conversion

AMC Entertainment (AMC) hits a 52-week low with shares down more than 20% year-to-date. Shares of AMC plummet ahead of "APE" conversion. A Wedbush analyst notes that AMC's resolution of the court case removes "significant overhang: and they expect AMC/APE shares to converge around $3. Jenny Horne discusses this move to the downside. Tune in to find out more about the stock market today.

Market On Close

21 Aug 2023

SHARE

Schwab Network's Newsletters

Daily insights for every investor