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Investing.com -- AMC Entertainment Holdings Inc (NYSE:AMC) shares slumped 10% at $4.7 on Friday after movie theatre chain entered an agreement with Goldman Sachs Group。

AMC enters a sales agreement with Goldman Sachs. Under the agreement, AMC may sell up to 50 million of its Class A shares over time. AMC Entertainment Holdings, Inc.。

This, in turn, would further dilute AMC shares’ value and likely drive the stock price down. In the absence of additional capital, the most apparent course of action would be to file for Chapter 11.

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why amc stock down|Down

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