AMC Planning to Sell More Stock to Raise Money

Need2Know Headlines

Announced that it is planning to sell more stock in a bid to raise cash. Well, the theater chain and offer a time frame for the sale which would allow you potentially to invest in its stock. But it does follow another move earlier in the pandemic to raise funds when the theater business ground to a halt. Well, more than three years since the shelter in place orders, the movie business still remains below pre pandemic levels and the ongoing Hollywood strikes, they've threatened the release agenda for this year and next, but last week AMC announced it's going to distribute a concert movie of Taylor Swift's era tour set for release in October.