Reuters breaks the news on AMC Entertainment explores new capital raise amid stock surge

Reuters broke the news that AMC Entertainment Holdings Inc is exploring raising more capital, including through yet another possible stock sale, to weather the COVID-19 pandemic and take advantage of a rally in its shares. The world’s largest movie theater chain, with about 1,000 cinemas worldwide, staved off bankruptcy through a debt restructuring deal last summer with its creditors and private equity firm Silver Lake, and a series of other financial transactions in recent months.