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AMC Arbitrage Traders Face Big Question: Will Preferred Equity Get Converted Into Common Stock?
Monday, February 27, 2023 - 11:36pm | 568Common shares of AMC Entertainment Holdings Inc (NYSE:AMC) closed 22.84% higher on Monday. The company will face a hearing on April 27 in a lawsuit alleging it circumvented shareholders who were against adding more shares, according to a Reuters report. Also Read: How To Short A...