Last Updated on November 5, 2022 by admin
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Shares of AMC Leisure Holdings Inc.
AMC,
slumped 1.1% in premarket buying and selling Tuesday, after the movie show operator disclosed a inventory providing of as much as 15 million shares. The corporate mentioned the inventory might be offered “from time time, by an ‘at-the-market’ providing program.” The variety of shares in this system would signify roughly 14% of the shares excellent. The disclosure comes a day after the largest U.S. cinema chain mentioned it can resume operations at a number of New York state cinemas beginning Oct. 23. The inventory has tumbled 51.1% yr to this point by Monday, whereas the S&P 500
SPX,
has gained 6.1%.
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