CNBC.com's Pippa Stevens brings you the day's top business news headlines. On today's show, CNBC's digital video team takes a look at another wild trading session for AMC, which announced Thursday it was selling 11.5 million shares after its stock rose more than 420 percent in the past month. Plus, CNBC's Kate Rogers explains why coffee appears to be the latest commodity seeing prices soar, and what it means for your daily caffeine fix.
AMC says it has already completed share offering, raises $587 million
The company said it sold 11.55 million shares at an average price of approximately $50.85 per share in an at-the-market equity program launched earlier Thursday. Economists expect 671,000 jobs were added in May, up from 266,000 payrolls in April, about a quarter of what was expected, according to Dow Jones. The unemployment rate is expected to slip to 5.9% from 6.1% in April. Average hourly wages are expected to increase by 0.2%.
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