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AMC stock finished the month of March down 13.9%, then nose-dived anothwhy amc stock downer 21% in April. But in May, shares briefly vaulted 305% and hit a multimonth high of 11.88.

Investors seemingly swiftly reacted to such dilution, and AMC plunged 8.27% in the Friday pre-market, from the latest closing price of $5.20 to $4.78. AMC stock 1-day price chart with Friday pre-market. Source: TradingView. Despite the extended-session downtrend, AMC。

Shares of top movie theater operator AMC Entertainment fell 9% to close at $4.72 on above-normal trading volume after the company revealed a plan to sell up to 50 million shares。

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