AMC Entertainment Holdings Inc. (NYSE:AMC) has been experiencing notable movement in its stock price recently. The stock has been volatile following the company’s recent shareholder meeting.
Recent Developments: AMC Entertainment is currently engaged in confidential discussions with lenders regarding potential debt reduction and extending near-term maturities. As reported by Bloomberg, these negotiations aim to address AMC’s substantial debt obligations, with over $2.8 billion in maturities due by 2026 as of March 31.
The company has capitalized on renewed interest in meme stocks, ...