Name: AMC Shares Plummet Ahead Of APE Conversion
Uploaded: 2023-08-21T20:36:58.016-05:00
Duration: 3 min 59 s
Description: 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.

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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.

AMC Shares Plummet Ahead Of APE Conversion

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