“AMC Stock Defies Expectations, Soars 38% as Court Rejects Conversion Plan”

AMC Stock Surges 38% After Court Rejects Stock Conversion Plan Overview In a surprising turn of events, AMC Entertainment shares experienced a significant surge of 37% on Monday after Delaware Judge Morgan Zorn blocked the company’s plan to convert its preferred equity stocks into common stocks and issue millions of new shares. This news comes […]