Stock conversion allows China’s Wanda to sell AMC shares amid retail frenzy | Article AMP | Reuters

Stock conversion allows China’s Wanda to sell AMC shares amid retail frenzy | Article [AMP] | Reuters

China’s Wanda Group, the major shareholder in AMC Entertainment Holdings Ltd, conducted a share conversion to permit sales of its stock in the cinema operator, a target of the recent WallStreetBets retail frenzy, AMC said in an exchange filing.