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AMC Stock Falls After Net Loss Widens. The Meme Trade Needed a Bigger Win.

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AMC Entertainment Holdings beat third-quarter expectations, but shares were falling in late trading.

AMC reported a slimmer-than-expected net loss and edged out revenue expectations during the third quarter. It also said as of Nov. 8, it had sold14.9 million AMC Preferred Equity Units (ticker: APE), raising $36.4 million in net proceeds.

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