From September to December last year the company sold about 100 million shares and raised $290 million before commissions and fees. In January AMC sold 50 million shares and raised just under $580 million or about $11.50 per share. However, with the increased number of shares and the stock price now at $26.12 AMC’s market cap is now $11.8 billion. Probably the best metric is market cap to revenue. (Photo by Ethan ... [+] Miller/Getty Images) Getty Images500 million shares proposalIn its latest proxy AMC proposed to increase the number of shares that the company could sale by 500 million.

Source: Forbes May 31, 2021 20:15 UTC