AMC Entertainment’s APE Unit Surges 75% on Capital Raise and Reverse Stock Split News
Movie theater chain enters into equity deal with debt holder Antara Capital, proposes conversion of APE units into common stock and reverse stock split On Thursday, shares of APE (NYSE:APE), a unit of AMC Entertainment Holdings (NYSE:AMC), soared 75% after rising as much as 120% during the trading session after the parent company unveiled a dilutive capital raise and a proposed reverse stock split of its common shares. Q3 2022 hedge fund letters, conferences and more Find A Qualified Financial AdvisorEach advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your ...