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Motley Fool
Why AMC Entertainment Is Falling Again Today
Shares of AMC Entertainment (NYSE: AMC) are falling 5.3% at 11:02 a.m. ET on Tuesday as the meme stock rally over the past month or so continues to fizzle out. Ever since AMC’s preferred stock unit, AMC Preferred Equity (NYSE: APE), began trading on the market, the common shares have lost more than a quarter of their value. Confidence in the movie theater operator is waning because it’s clear more dilution is coming.
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