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Tag: Under Armour Inc

AMC Entertainment, Tesla, Micron, Under Armour and more
Entertainment

AMC Entertainment, Tesla, Micron, Under Armour and more

Pedestrians pass in front of an AMC theater in New York.Scott Mlyn | CNBCCheck out the companies making headlines in midday trading.AMC Entertainment — Shares plummeted 14.8% after the company proposed a reverse stock split and announced a new $110 million capital raise in an attempt to minimize its debt load. Shares of its preferred stock surged more than 64%.Tesla — Shares fell more than 9% during Thursday trading. Tesla offered a $7,500 discount on its Model 3 and Model Y vehicles delivered in the United States by year-end, as well as 10,000 miles of free supercharging for those vehicles, according to its website.Micron Technology — The semiconductor stock shed 5% after the company shared disappointing quarterly earnings and revenue, which it attributed to slowing demand expected to ...