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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.

Investors seemingly swiftly reacted to such dilution, and AMC plunged 8.27% in the Fridawhy amc stock downy pre-market, from the latest closing price of $5.20 to $4.78. AMC stock 1-day price chart with Friday pre-market. Source: TradingView. Despite the extended-session downtrend, AMC。

AMC stock finished the month of March down 13.9%, then nwhy amc stock downose-dived another 21% in April. But in May, shares briefly vaulted 305% and hit a multimonth high of 11.88.

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