AMC Entertainment Holdings Inc. (NYSE:AMC) turned a 2021 meme stock uprising into one of the most extreme dilution stories in recent market history.
AMC stock is tanking. See the chart and price action here.
From the end of 2021 through the present day, AMC’s outstanding share count has surged.
Retail investors who bought into the meme stock "ape" narrative of the Covid era and held AMC shares were steadily diluted by every round of financing, every preferred share maneuver and reverse split.
AMC’s Dilution Deluge: How Millions of Retail Holders Got Shrunk
