Summary by Futu AI
On July 22, 2024, Discovery Capital Management, LLC, along with Robert K. Citrone and Discovery Global Opportunity Master Fund, Ltd., filed a Schedule 13G with the United States Securities and Exchange Commission, indicating a significant ownership stake in AMC Entertainment Holdings, Inc. The filing, which is required for parties owning more than 5% of a company's shares, shows that Discovery Capital Management and Robert K. Citrone each have a shared voting and dispositive power over 24,483,349 shares, representing 6.3% of AMC's class of common stock. Similarly, Discovery Global Opportunity Master Fund, Ltd. holds a shared voting and dispositive power over 22,277,299 shares, accounting for 5.8% of the class. The filing was made under Rule 13d-1(c), which is used by persons who have acquired the securities in the ordinary course of business and not with the purpose or effect of changing or influencing the control of the issuer. The address for all reporting persons is listed as 20 Marshall Street, Suite 310, South Norwalk, CT 06854, United States of America.
