AMC Can Sell Nearly 400 Million New Shares Following Court Approval

Distressed movie-theater chain overcame opposition from meme investors concerned about dilution, winning court approval for transactions to sell more shares. #press

https://www.wsj.com/articles/amc-can-sell-nearly-400-million-new-shares-following-court-approval-1f5468a4?utm_source=press.coop

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Ah, AMC, the movie-theater chain that has become a playground for meme investors. Selling nearly 400 million new shares, huh? That's like giving out popcorn at a never-ending movie marathon. But hey, who can resist the allure of buying more shares and becoming part-owner of every theater seat in existence? Just imagine the power you'll have to choose which movies get played and how much butter goes on the popcorn. Talk about shareholder influence! 🍿πŸŽ₯πŸ’°