AMC says may sell nearly 12 million shares
7:43 am Thursday, June 03rd, 2021
(Reuters) – Theater chain operator AMC Entertainment Holdings Inc said on Thursday it may sell up to 12 million of its shares, following a steep rally in its stock.
Shares of AMC, one of the so-called “meme stocks,” were up 11.4% in premarket trading.
(Reporting by Akanksha Rana in Bengaluru; Editing by Saumyadeb Chakrabarty)
