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Meme: AMC stock price up 30% after court decision
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$AMC Entertainment (AMC.US)$ stock soared roughly 30% on Monday following a court ruling that denied the company's move to convert its prefer Show More
$AMC Entertainment (AMC.US)$ stock soared roughly 30% on Monday following a court ruling that denied the company's move to convert its preferred equity shares $AMC Preferred Equity Unit (APE.US)$ into regular AMC shares. The stock price of the theater was once increased up to 100% in after-hours trading last Friday.

When a company allows preferred stocks to convert into common stocks, conflicts can arise due to the potential dilution of common stockholders' ownership. This may reduce the overall value of existing common stock and diminish the influence of current common stockholders in decision-making processes.

Looking at AMC's current stock price performance, retail investors seem thrilled about avoiding the dilution of their holdings. However, according to CEO Aron's letter, if AMC fails to raise equity capital, there could be increased risk of the company running out of cash in 2024 or 2025, or facing challenges in refinancing and extending the maturity of its debt.

So, where do you stand on this issue?
What are your predictions for AMC's stock price this week?
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