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In one year’s time, the stock of AMC Entertainment (NYSE:AMC), which currently operates 950 movie theatres and is the market leader in the U.S., plunged from nearly $90 a。

AMC enters a sales agreement with Goldman Sachs. Under the agreement, AMC may sell up to 50 million of its Class A shares over time. AMC Entertainment why amc stock downHoldings, Inc.。

This, in turn, would further dilute AMC shares’ value and likely drive the stock price down. In the absence of additional capital, the most apparent course of action would be to file for Chapter 11.

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