AMC Stock Rises as Judge Blocks APE Stock Split bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.
AMC Entertainment Holdings Inc. was blocked by a Delaware judge Friday from converting its controversial APE preferred units into common stock, a ruling that sent the company’s class A shares surging up to 100% in after-hours trading.
Shares of AMC Entertainment Holdings Inc (NYSE:AMC) nearly doubled during Friday's after-market session to trade above $8 on news that sent shares of its counterpart, AMC Entertainment Hldg Pref Equity Units (NYSE:APE)&nb
AMC Shares Surge as Judge Denies APE Deal in Surprise Ruling (4) bloomberglaw.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberglaw.com Daily Mail and Mail on Sunday newspapers.
The stock of AMC Entertainment Holdings Inc. rocketed more than 60% higher after hours on Friday as judge makes a surprise ruling on special stock plan.