AMC is trading about 5% down today at $1.65, extending a multi-day slide. The decline is driven by investor concerns over recent equity offerings, which are causing share dilution. - AMC completed a $150M at-the-market share sale and is undertaking a $200M registered direct deal, adding new shares to the market. - These offerings are primarily aimed at boosting cash and redeeming $125.5M of 6.125% notes due 2027, but have led to significant stock drops, including a nearly 19% premarket fall on July 6.