Are you tempted to buy AMC’s new APEs? Be prepared to lose everything, the company warns
Shares of AMC preferred equity units, or ‘APEs,’ rose 5% Monday, while the company’s common stock fell 7.5%, after the company unveiled plans to sell another up to 425 million APEs. At current prices, the cinema chain could raise up to $1.6 billion from the sale of additional APEs, which was disclosed in a regulatory …
Are you tempted to buy AMC’s new APEs? Be prepared to lose everything, the company warns Read More »