Why APE cost from $0 to $6
$AMC Preferred Equity Unit (APE.US)$ cost increases to $6 but $AMC Entertainment (AMC.US)$ remains at initial cost? 🤔
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Unlimited searcher : excatly I am asking the same question
domjames OP Unlimited searcher : Yup.. Theoretically AMC shares cost should comes down as APE costs increases. Wonder whats the plan..
UR2EZ : no, they were introduced as together totaling the value of AMC before the dividend. we are still with ape and AMC together, around $17. that was the plan, but now they are being traded as separate entities.