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AMC's APEs trading below $1

AMC's APEs trading below $1

AMC Entertainment Holdings Inc.'s AMC Preferred Equity Units , or APEs, are trading below $1. The APEs ended Tuesday's session down 6.5% at $0.8898, outpacing the S&P 500 Index's decline of 1.4%. The APEs have fallen 85.2% since making their trading debut on Aug. 22, but rallied|https://www.marketwatch.com/story/amc-stock-spikes-up-in-volatile-trading-other-meme-stocks-also-rally-2022-12-01] last week as AMC shares spiked up in volatile trading. With its APE equity unit, AMC created something li