AMC’s Dot-Com-on-Steroids Week Ends With More Dizzying Gyrations
- Company pockets more than $587 million with another share sale
- Biggest cinema chain plots course with fresh cash in hand
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True to form, AMC Entertainment Holdings Inc. ended its wild week with another day of moves that confounded anyone trying to explain them.
The new king of meme stocks bounced between gains and losses, closing 6.7% lower at $47.91 on Friday. It’s still up 83% on the week, adding to May’s 160% surge.