AMC slides after announcing $200 million stock offering

AMC Entertainment Holdings

23/06/2026 12:45

** Theater chain AMC Entertainment's AMC.N shares fall 20.6% to $2.18 premarket
** Co plans to sell 95.25 mln shares, raising ~$200 mln
** Proceeds to mainly redeem all $125.5 million of 6.125% notes due 2027
** Remaining funds may be used to repay other debt, fund theater upgrades and other expenses
** Roth Capital Partners is the sole placement agent for offering
** Up to last close, stock has risen 76.9% so far this year
 

 (Reporting by Anhata Rooprai in Bengaluru)
 ((Anhata.Rooprai@thomsonreuters.com))