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AMC Stock Plunges Following Positive APE Shares Conversion and Reverse Stock Split Vote

AMC Entertainment Holdings shareholders cast a favorable vote on Tuesday to convert the company’s preferred APE shares into common shares and execute a one-for-ten reverse share split. As a result, AMC’s stock lost 15 percent of its value by the end of the day. AMC...

AMC May Be in Better Shape Than We Think

When people talk about the rise of streaming giants such as Netflix, Hulu, Amazon Prime, Disney+, and countless others, there's one thing that always comes up—how this must be affecting traditional movie theaters. How often do we binge TV series at home, only to joke...