AMC

Sold AMC May 28 2021 14.5 Calls at $0.80.

AMC Entertainment’s (AMC) largest shareholder Wanda Group has sold most of its shares in the movie theater company, cutting its stake to 0.002% on a diluted basis following AMC’s recent capital raise.

According to a US Securities and Exchange filing Friday, Wanda Group, which formerly held a stake of more than 30% in the company, sold the shares in the open market in the period May 13 through 18 at around $14 per share. Following the sale, the Chinese conglomerate now owns 10,000 shares in AMC