AMC Entertainment Holdings Inc. outlined plans this month to issue a special dividend, sending its shares soaring and stoking enthusiasm among the company’s passionate base of individual investors.
Shares of the cinema chain have surged almost 15% since the plans were unveiled Aug. 4, while short sellers betting against the stock have suffered more than $500 million in losses.
Source: https://www.wsj.com/articles/what-investors-need-to-know-about-amcs-ape-units-a-stock-split-on-steroids-11660728711?siteid=yhoof2&yptr=yahoo