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  • Retail investor darling AMC said Thursday it had successfully completed a large equity sale, raising $587.4 million amid intense volatility in the movie theater stock. AMC Entertainment said it completed the stock sale of 11.55 million shares, with an average price of $50.85. Shares of AMC began the year valued at around $2 but have soared amid buying from the so-called "Reddit Revolution" of small investors coordinating on social media in support of beaten-down stocks. jmb/cs
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  • AMC says it has completed share offering, raising $587.4 mn
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