AMC Entertainment Holdings Inc (AMC)

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In most cases a Reverse Split (RS) is done when a company is in financial trouble and they have diluted the shares too much and then the movement of the share price is way to slow to attract big money and daytraders into it. The Co. does a reverse split to look more valuable even though the number of shares x PPS = same value. Some institutions will not buy shares of company if its stock price is below $5. So the Co does a RS and moves the price to $10 or greater and then big institutions jump in. Typically after a RS is done company fundamentals are still weak with lots of debt and stock falls below the price it was before the RS was done. This is typically seen as a negative desperation move for a company to do a RS while its diluting the stock and then reducing the number of shares the shareholder is holding slowly wiping out his value in the stock overall. Some companies like GE who last year did a RS, did much better but they have the Goldman Sacks of the world to pump their share price higher and higher fraudulently. AMC does not have a Goldman Sacks to pump the stock price up. AMC only has the Naked Stinking Shorts to do any price hiking during a Squeeze and why would they since they want AMC to go bankrupt so they don't have to cover their billions of illegal naked short positions.

Do your research on RS (reverse Split) impact on various penny stock Cos as well as solid companies in financial trouble like GE was before rushing to suggest such a stupid idea that can only hurt the AMC stock price in the long run.

In general, knowledgeable people say:

A RS move is the kiss of death to some companies

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GLTA AMC APES