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AMC Entertainment's shares dropped 10% following the announcement of a $350 million share offering. Additionally, shareholders voted against CEO Adam Aron's $23.7 million pay package. The company continues to face challenges as it grapples with its status as a meme stock.
AMC Theatres’ Shareholders Vote Against CEO Adam Aron’s $23.7M Pay Package https://t.co/nIZo8toIHY via @thr
🔻🔻🔻 AMC Entertainment Shares Drop 10% on Plan to Sell New Stock https://t.co/t3OYVR5GkY
AMC Is Still Paying for Being a Meme Stock https://t.co/rVhfB12yOC
It hasn’t been a cinematic day for AMC Entertainment, the parent company of AMC Theatres. https://t.co/BExKQKeeWW
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
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