Friday, April 17, 2020

AMC Stocks Skyrocket After $500 Million In New Debt To Ride Out Coronavirus Closures

AMC Entertainment has had a busy couple of days. On Thursday, the theater giant announced that the company will raise $500 million in new debt to bolster its balance sheet liquidity. Friday, their stocks rose even though the company will not be reopening operations through June.

from Forbes Real Time https://ift.tt/2ypWRUW

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