APE Trades At $2 Despite Strong Shareholder Sentiment
10 Comments on APE Trades At $2 Despite Strong Shareholder Sentiment
APE shares have fallen from $7 to the current $2 price. AMC’s Preferred Equity reached 20.1 million in average volume but has been dropping by nearly half during this market downturn. Shareholders remain bullish despite the company announcing the…
AMC is Selling 425 Million APE to Pay Down Debt
AMC Entertainment is selling 425 million APE shares according to the movie theatre chain’s recent Form 8-K filings. CEO Adam Aron advised investors AMC’s Preferred Equity (APE) would provide the company with additional capital to pay down…
