US Stock Market News | Issuance of $125 million convertible preferred notes by AMC Networks leads to a drop of over 25%

Zhitong
2024.06.17 14:18
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On Monday, AMC Networks' stock price fell, dropping more than 25% to $11.68 as of the time of writing. The company announced a private offering of $125 million convertible preferred notes. The net proceeds will be used for general corporate purposes, including potential debt repayment