To The Moon

Shares of AMC Entertainment Holdings Inc. $$ tumbled over 13% toward the lowest price seen since January 2021. It disclosed an equity distribution agreement in which the company could sell up to 40 million common shares. That would represent up to 7.7% of the common shares outstanding. The shares sales, if any, may be "at the market offerings" or could be to sales agents through block trades. The stock, which underwent a 1-for-10 reverse stock split on Aug. 24, was on track to open at the lowest

Alphabet's Google on Tuesday tentatively settled a class action suit alleging that its U.S. Play Store had violated U.S. federal antitrust rules by overcharging customers, according to a court filing.