common shares

In July, Cameo slashed its internal valuation of its common shares by 55 percent, according to an internal presentation viewed by The Times.

The shares are designed to avoid diluting common shareholders' stakes as they cannot be converted into common shares at a later date and do not confer voting rights.

The shares will not have voting rights nor can they be converted into common shares, so the issuance would not affect current shareholders, SoftBank said in a statement in May.

WeWork, which earlier this month warned about its ability to stay afloat, added that the company's common shares will continue to trade on the NYSE.

The highly shorted AMC common shares were the most traded across all stocks trading before the opening bell at 05:58 a.m.