Why AMC Entertainment Stock Was Sliding Today
Shares of AMC Entertainment Holdings (NYSE: AMC) have been incredibly volatile in recent days and that pattern continued Wednesday with the stock falling after the company entered to an agreement with Goldman Sachs and B. Riley to sell new equity shares, potentially diluting existing shareholders.
As of 11:42 a.m. EST, the stock was down 10.8%.
Image source: AMC Entertainment.
Source Fool.com
