News "No 500m Shares" AMC Entertainment Holdings, Inc.

We have identified a possible News trade for AMC. Announced after the bell AMC is retracting their proposed idea to have the option to issue 500 million shares. Therefor share dilution is off the table. This is showing a strength play on the CEO's part and positive share holder sentiment that movie goers are and will return in 2021/2022.
AMCBeyond Technical AnalysisChart PatternsTrend Analysis

Disclaimer