Key Takeaways
- The bad news continues for AMC stock as the share price has plummeted by over 85% in 2022.
- AMC has announced numerous plans to raise capital to manage the debt load, but investors aren’t impressed as the sell-off continues.
- AMC will hold a special meeting for shareholders of APE and AMC regarding converting APE units into common AMC shares and a 10:1 reverse stock split.
AMC continues to make headlines as the company made another announcement that caused its share price to fall. Shares of AMC have dropped by over 85% in 2022, and the days of the meme stock rallies seem to be over.
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