AMC finds a loophole with its new preferred ‘APE’ share class—but there are a few catches for investors - Fortune

The theater-chain introduced a new preferred stock class—which it could use in the future to raise cash—after it could no longer issue more common stock without shareholder approval.

When meme-stock traders began to make waves in the market last year, they championed being unpredictable and irrational with their targets of enthusiasmone of which was the movie theater chain AMC En… [+6075 chars]

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