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AMC shares surge on APE conversion plan rejection and different shares on the transfer

Markets
By Editorial Staff
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Inventory gainers:

Shares of AMC Leisure Holdings Inc.
AMC,
+1.62%
skyrocketed 57% after a Delaware decide blocked the corporate’s plan to transform its APE most popular models into inventory. CEO Adam Aron mentioned Sunday {that a} revised proposal was submitted over the weekend, and warned that AMC faces the danger of monetary collapse if it can’t elevate extra fairness capital. The APE
APE,
-2.17%
unit value fell by 9%.

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