What Investors Need to Know About AMC’s APE Units: A Stock ‘Split on Steroids’

AMC outlined plans this month to issue a special dividend, sending its shares soaring. Here’s what the cinema chain's shareholders should know.

The cinema chain appears to be trying to improve its finances after narrowly averting bankruptcy during the Covid-19 pandemic

Adam Aron, chief executive of AMC Entertainment poses for a portrait at AMC Studio 28 in Olathe, Kansas.Updated Aug. 17, 2022 5:31 am ET AMC Entertainment Holdings Inc. outlined plans this month to issue a special dividend, sending its shares soaring andShares of the cinema chain have surged more than 30% since the plans were unveiled Aug. 4, while short sellers betting against the stock have suffered more than $500 million in losses.

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