AMC could face bankruptcy risk if APE conversion battle fails and strikes drag on, analyst warns
AMC Entertainment Holdings Inc. reported better-than-expected second-quarter results on Tuesday, but could face the risk of bankruptcy if its stock conversion battle fails and Hollywood strikes drag on for months, warns Wedbush analyst Alicia Reese. In its earnings release, AMC AMC, said that the company currently has no AMC Preferred Equity units APE, -1.12% available …