Screentime
AMC Stock Sale Comes With Warning to Traders: Be Prepared to Lose It All
- Company said entire investment may be lost in offering
- It’s uncommon to see such a dire warning in stock sale
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Investing in AMC Entertainment Holdings Inc. comes with the promise of free popcorn, special screenings -- and the chance you’ll lose all your money.
That last part is a warning the movie chain and its lawyers made in a regulatory filing on Thursday announcing its intention to sell more than 11 million shares to a market dominated by frenzied retail traders.