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AMC Stocks Skyrocket After $500 Million In New Debt To Ride Out Coronavirus Closures

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Home Blogs > Business
Apr 17 '20 | By CEO | Views: 54 | Comments: 0

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AMC Entertainment has had a busy couple of days. On Thursday, the theater giant announced that the company will raise $500 million in new debt to bolster its balance sheet liquidity. Friday, their stocks rose even though the company will not be reopening operations through June.

Source: https://www.forbes.com/sites/rosaescandon/2020/04/17/amc-stocks-skyrocket-after-500-million-in-new-debt-to-ride-out-coronavirus-closures/

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