Stocks making the biggest moves midday: Carvana, Colgate-Palmolive, Tesla and more

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Stocks making the biggest moves midday: Carvana, Colgate-Palmolive, Tesla, AMD and more

— Common shares of the theater chain fell by more than 7% after AMC announced a shareholder meeting in March for a potential change to its capital structure.

The special meeting would allow shareholders to vote on increasing the total number of shares the company can issue and on a reverse stock split to convert its preferred shares to common shares. The preferred or "APE" shares, which trade at a large discount to the common shares, jumped by more than 16%.

 

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