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Arden purchased 630 shares of AMC common stock several years ago for $2,394.

Arden purchased 630 shares of AMC common stock several years ago for $2,394. On April 30, Arden sold the shares of AMC common for $798 and then purchased 580 shares of AMC preferred stock two days later for $928. The AMC preferred stock is not convertible into AMC common stock.

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