Stock conversion allows China's Wanda to sell AMC shares amid retail frenzy - Reuters

9:27pm PST - February 7th, 2021    wallstreetbets - Reuters

China's Wanda Group, the major shareholder in AMC Entertainment Holdings Ltd, conducted a share conversion to permit sales of its stock in the cinema operator, a target of the recent WallStreetBets retail frenzy, AMC said in an exchange filing.