AMC CEO, CFO sell a total of more than $10 million worth of stock, and prices fall nearly 15% in 3 days since_老虎社区_美港股上老虎 - 老虎社区

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AMC CEO, CFO sell a total of more than $10 million worth of stock, and prices fall nearly 15% in 3 days since

Dow Jones2021-12-11

MW AMC CEO, CFO sell a total of more than $10 million worth of stock, and prices fall nearly 15% in 3 days since

AMC Entertainment Holdings Inc. $(AMC)$ disclosed late Thursday that sold a total of $10.2 million worth of the movie theater operator's stock earlier this week. The stock dropped 10.4% in afternoon trading, putting them on track for the lowest close since May 28. In Form 4 filings with the Securities and Exchange Commission, the company said Chief Executive Adam Aron sold 312,500 shares in the open market at volume weighted average price of $30.867 on Tuesday, to raise $9.65 million, as part of a Rule 10b5-1 trading plan adopted more than 30 days before the trades. Chief Financial Officer Sean Goodman sold 18,316 shares at $30.862 on Jan. 7 to raise $565,268, also part of a prearranged trading plan. The stock had rallied 7.8% on Tuesday to close at $31.04. Since then, the stock has dropped 14.9%. The "meme" stock has still rocketed 1,145.5% year to date, while the S&P 500 has advanced 24.9%.

-Tomi Kilgore

$(END)$ Dow Jones Newswires

December 10, 2021 15:06 ET (20:06 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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好犀利
·2021-12-11
说说你对这篇新闻的看法...
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- 好犀利:
  Best reason will be to pay tax .
  2021-12-12
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- andrew123:
  wat u think when ceo sell shs?
  2021-12-12
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Alkid
·2021-12-11
Whoa
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andrew123
·2021-12-11
Tks to all retailers ,short squeezer, i am able to sell at a good price
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- Oldie:
  Retailers holding the bag
  2021-12-11
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