- AMC Entertainment Holdings Inc AMC Chief Executive Officer Adam Aron said the company would execute more deals, Reuters reported.
- Recently, AMC revealed a $27.9 million investment in Hycroft Mining Holding Corp.
- "I'd like to think there will be more third-party external M&A announcements going forward where AMC can reach for the stars and intriguing investments that have potentially attractive returns," the report quoted Aron.
- The report added that AMC raised almost $1.8 billion in 2021 by selling its shares in the open market, riding on the 'meme stock' phenomena created by retail investors.
- Price Action: AMC shares are trading higher by 2.17% at $20.68 in premarket on the last check Monday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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