Does AMC Entertainment (AMC) - get free report have a reverse stock split?

On August 24, AMC Entertainment ( AMC) - Get Free Report will implement a reverse stock split of the company's common shares at a ratio of 10:1. A shareholder vote approved the reverse split proposal — along with the proposal to convert AMC Preferred Equity (APE) units to common shares — in March.

How did AMC stock perform during Monday's regular market session?

During Monday's regular market session, AMC stock jumped more than 35% and reached as high as 6.23. Volume soared more than 11 times its average pace over the past 50 sessions. The stock also ramped above its 200-day moving average for the first time since February.

What happened to AMC's new stock-conversion plan?

Earlier this month AMC’s revised stock-conversion plan was approved by the Delaware Chancery Court. AMC’s plan to convert its APEs to common stock was blocked last month when Delaware Chancery Court Judge Morgan Zurn rejected a settlement that would have allowed the deal to proceed.

Is AMC Entertainment stock a good buy?

AMC Entertainment stock has received a consensus rating of sell. The average rating score is and is based on 0 buy ratings, 0 hold ratings, and 9 sell ratings. What was the 52-week low for AMC Entertainment stock? The low in the last 52 weeks of AMC Entertainment stock was 3.18.