AMC Retail Investors Want to Hold, Management Wants to Sell

AMC Retail Investors Want to Hold, Management Wants to Sell

AMC (NYSE: AMC) shareholders face an epic annual meeting that will have them vote on authorizing additional shares of AMC stock for sale. The company is in a tug of war between retail investors buying AMC stock and Wall Street hedge funds selling shares short. Importantly, when a person or institution sells shares short, they are counting on the stock price to drop in order to make a profit.