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AMC Entertainment CEO warns that strikes will cause additional and needless challenges in 2024. The company drops 16% premarket on filing to sell $350 million in stock. AMC Entertainment is said to price $300 million of shares at $10 each. Despite strong earnings and a strike deal, AMC Entertainment shares drop, and the entertainment community fund officials warn that strikes' impact will be felt for months to come. Additionally, AMC Theatres' shareholders vote against CEO Adam Aron's $23.7 million pay package.
🔻🔻🔻 AMC Entertainment Shares Drop 10% on Plan to Sell New Stock https://t.co/t3OYVR5GkY
AMC Theatres’ Shareholders Vote Against CEO Adam Aron’s $23.7M Pay Package https://t.co/94VQ2LoJ9I
AMC stock tumbles as company announces $350 million share offering https://t.co/kZxYHSCtJF by @_JoshSchafer
Entertainment Community Fund Officials Warn That Strikes' Impact Will Be Felt "For Months To Come" https://t.co/4RF7Ec63T8
AMC stock tumbles as company announces $350 million share offering $AMC by @_JoshSchafer https://t.co/c1N7nnsXjb
AMC Entertainment Shares Drop 10% on Plan to Sell New Stock https://t.co/t3OYVR5GkY
AMC Entertainment Shares Drop, Despite Strong Earnings, Strike Deal, After $350 Million Stock Offer https://t.co/SJTLns6xlj
$AMC 🔸AMC ENTERTAINMENT IS SAID TO PRICE $300M OF SHARES AT $10 EACH
*AMC ENTERTAINMENT DROPS 16% PREMARKET ON FILING TO SELL $350MM IN STOCK
AMC Entertainment CEO Warns Strikes Will Cause “Additional And Needless Challenges” In 2024 (click photo below for story) https://t.co/mJwWNeeHMt https://t.co/8zKsDVOH89