AMC Entertainment Stock News and Forecast: AMC capitalizes on soft US CPI-led risk flows
@Guy:
AMC stock ends Wednesday up over 5% amid risk-on sentiment. AMC Entertainment to introduce a preferred stock unit, ticker APE. Preferred stocks could be dilutive to shareholders but are now being issued as a bonus. Update: AMC stock $AMC Entertainment(AMC)$ staged an impressive comeback from three-day lows of $20.74 and closed Wednesday 5.41Z% higher at $23.66, regaining the upside traction after falling hard earlier in the week. The meme stocks rebound firmly amid the return of risk flows after the US Consumer Price Index (CPI) data softened in July and vapored out aggressive Fed rate hike expectations. Meanwhile, the company news also underpinned the sentiment around its stock price. AMC Entertainment has declared a special prefe