AMC Entertainment's called as APE

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APE Stock was ended only minutes.

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After its introduction on the New York Stock Exchange Monday.

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The new offers, which AMC has called 'favored value units'

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that are "intended to have similar monetary worth

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and casting ballot rights as a portion of normal stock", opened at $6.95 each

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prior to being ended at $9.49 during ensuing exchanging.

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In the event that the APE units exchange as planned,

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They and the independent AMC offers ought to in principle act similar to a 'two-for-one' stock spilt,

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As they give every normal investor that equivalent value revenue in the parent organization.

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Be that as it may, their transformation potential,

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which is liable to cast a ballot by AMC investors following a proposal from the board

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could weaken the exceptional worth of AMC shares

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adding to the descending tension in early Monday exchanging.

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