Why AMC Entertainment Stock Is Plunging
Why AMC Entertainment Stock Is Plunging
AMC Entertainment Holdings, Inc. (NYSE:AMC) shares are tanking on Monday after the stock gained nearly 20% last week. Here's what to know:
AMC 娛樂控股有限公司 紐約證券交易所代碼：AMC）股價週一暴跌，此前該股上週上漲了近20％。以下是要知道的：
The Details:
細節：
Last week, AMC Entertainment announced a 10-to-1 reverse stock split and AMC Preferred Equity Units (NYSE:APE) stock conversion plan.
上週，AMC Entertainment宣佈了10比1的反向股票拆分， AMC 優先股單位 紐約證券交易所代碼：APE）股票轉換計劃。
AMC Entertainment CEO, Adam Aron said, "We can use this access to equity capital to shore up our cash reserves, pay down debt, invest in growth initiatives to strengthen our operating profitability and pursue transformative merger and acquisition opportunities."
AMC 娛樂公司首席執行官 亞當·阿隆 說：“我們可以利用這種獲得股權資本的渠道來支撐我們的現金儲備，償還債務，投資增長計劃以提高我們的運營盈利能力，並尋求變革性的併購機會。”
The reverse stock split will take effect on Thursday, and APE units will be converted to AMC common stock the following day. A filing authorized the number of AMC shares to be increased from approximately 542.2 million to 550 million shares.
反向股票拆分將於週四生效，APE單位將在第二天轉換爲AMC普通股。一份文件授權將AMC的股票數量從約5.422億股增加到5.5億股。
AMC shares are moving lower on heavy trading volume. According to Benzinga Pro, more than 69.4 million shares have been traded in the session, compared to the stock's 100-day average of 29.33 million shares.
由於交易量大，AMC股價走低。根據Benzinga Pro的數據，該交易日已交易了超過6,940萬股，而該股的100天平均交易量爲2933萬股。
AMC shares have significant short inetrest with 29.69% of available shares being sold short.
AMC股票有可觀的空頭權益，29.69％的可用股票被賣空。
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AMC Price Action: According to Benzinga Pro, AMC shares are down 24% at $3.11 at the time of publication.
AMC 價格走勢： 根據Benzinga Pro的數據，在發佈之時，AMC股價下跌了24％，至3.11美元。
Image: 51581 from Pixabay
圖片：來自 Pixabay 的 51581