Why Did Rep. Michael Garcia Just Sell His AMC Stock?

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Shares of AMC Entertainment (NYSE:AMC) are in focus after California House Representative Michael Garcia disclosed selling between $1,001 and $15,000 worth of the movie theater chain. AMC stock has declined in recent days due to the special dividend issuance of AMC Entertainment Preferred Equity Units (NYSE:APE). Each APE unit carries the same voting rights as....

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