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1 year ago

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AMC stock slumps, 'APEs' jump after litigation deal

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AMC stock slumps, 'APEs' jump after litigation deal

AMC Entertainment Holdings Inc shares tumbled 24% in extended trade on Monday, while its preferred shares jumped 21% after the movie theater chain said it agreed to settle litigation and proceed with converting its preferred stock into common shares.

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AMC stock slumps, 'APEs' jump after litigation deal

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AMC stock slumps, 'APEs' jump after litigation deal

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