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Benzinga
Benzinga
Business
Henry Khederian

Why AMC Shares Are Popping Off During Thursday's After-Hours Session

AMC NYSE AMC Entertainment Holdings Inc GameStop GameStop Corp GME

AMC Entertainment Holdings Inc (NYSE:AMC) shares spiked higher by some 7.3% to $26.44 during Thursday after-hours session in sympathy with GameStop Corp. (NYSE:GME).

GameStop shares are trading higher by 20.30% at $200.40 during Thursday's after-hours session after the company announced a plan to request stockholder approval for an increase in the number of authorized shares of Class A common stock from 300 million to 1 billion in order to implement a stock split.

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