Shares of retail traders favorite
AMC Entertainment Holdings soared on Monday after a U.S.
court blocked the theater chain s stock conversion plan that
risked diluting investors holdings. .
A Delaware court judge said on Friday declined to approve the proposed settlement by AMC in a case that has alleged the company planned to convert preferred stock to common to circumvent the will of common stock holders who had opposed the issuing of new shares
U.S. stock indexes looked set to open lower on Wednesday as investors worried the Federal Reserve would keep hiking interest rates this year, while Microsoft rose after laying out its AI push.
U.S. stock indexes looked set to open lower on Wednesday as investors worried the Federal Reserve would keep hiking interest rates this year, while Microsoft rose after laying out its AI push.