Home Australia AMC says it has completed share providing, raising $587.4 mn

AMC says it has completed share providing, raising $587.4 mn

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AMC says it has completed share providing, raising $587.4 mn

Early Newspaper

Retail investor darling AMC said Thursday it had successfully completed a orderly equity sale, raising $587.4 million amid intense volatility within the movie theater inventory.

Retail investor darling AMC said Thursday it had successfully completed a orderly equity sale, raising $587.4 million amid intense volatility within the movie theater inventory.

AMC Entertainment said it completed the inventory sale of 11.55 million shares, with an moderate price of $50.85.

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AMC says it has completed share providing, raising $587.4 mn