AMC Stock: Why Shares Surged 10% On April 16th Trading Session?

In a bold bid to defy the bearish trend, AMC shares staged a powerful rebound into double-digit territory, leaving investors grappling with dilution concerns. Despite a 21% decline in the two weeks of April, AMC Entertainment’s shares surged over 12% on April 16th, driven by news of impending stock dilution. In response to the stock…