AMC stock rises on debt restructuring announcement

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Shares of AMC Entertainment (AMC) are rising after an agreement was reached with creditors to restructure its debt. The company calls the deal "transformational," adding it will help the theater chain "strengthen the balance sheet, pave the way for future delevering, and align the capital structure with the expected industry growth trajectory."

Market Domination Hosts Julie Hyman and Josh Lipton break down the agreement and the state of the box office this summer.

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This post was written by Melanie Riehl

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