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AMC s Wild Ride Continues, Stock Sinks After Record High

AMC s Wild Ride Continues, Stock Sinks After Record High The world s biggest theater chain says it s unsure how long the volatility will last. Grow Your Business, Not Your Inbox Stay informed and join our daily newsletter now! Email Opinions expressed by Entrepreneur contributors are their own. AMC has reached an agreement with investment bank B. Riley Securities and Citigroup Global Markets to act as selling agents, according to an SEC filing. AMC plans to use net proceeds from the sales for general corporate use which can include capital expenditures or repaying or refinancing debt. The company also warned investors about possible losses:

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Nike, Nissan and Other Sponsors Declare Support for Naomi Osaka After She Drops Out of French Open for Mental-Health Reasons

June 1, 2021 3 min read Tennis superstar Naomi Osakaannounced via Twitter on Monday that she will be withdrawing from the remainder of the French Open tournament, citing ongoing struggles with social anxiety and depression. Osaka, the second-ranked women s player in the world, was fined $15,000 on Sunday after opting out of a post-match press conference following her first-round win over Patricia Maria Tig. “Here in Paris I was already feeling vulnerable and anxious so I thought it was better to exercise self-care and skip the press conferences,” Osaka explained of her decision not to participate in any media interviews related to the tournament. “I announced it preemptively because I do feel like the rules are quite outdated in parts and I wanted to highlight that.”

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