$AMC Entertainment(AMC)$What's

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Bernard
2022-08-22

$AMC Entertainment(AMC)$What's with this value ??? Why last close is $18 now $11 ????

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新幼虎
·2022-08-22
stock value split to ape i guess
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- Bernard:
  So we have to wait until market open to see our true value ?
  2022-08-22
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Tesserhorn
·2022-08-22
dont be tricked. 1/2 the value should go into APE which isnt issued yet. the price at close should be $9 post split meaning amc should be up at $12
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- vstrom83:
  btw.. seems like AMC opened at $10, so that means APE will open at $8.
  2022-08-22
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AMCfortuner
·2022-08-22
same question
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vstrom83
·2022-08-22
err... because of the issuance of APE? The value is split between AMC and APE at the start of APE first trading day which is Aug 22. Afterwhich, both tickers will trade independently.
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Tesserhorn
·2022-08-22
not sure. but quite sus the percentage is red at -30+ % which does not account for the split
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The value is split between AMC and APE at the start of APE first trading day which is Aug 22. Afterwhich, both tickers will trade independently.","text":"err... because of the issuance of APE? The value is split between AMC and APE at the start of APE first trading day which is Aug 22. Afterwhich, both tickers will trade independently.","html":"err... because of the issuance of APE? The value is split between AMC and APE at the start of APE first trading day which is Aug 22. 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