To raise cash, AMC has traditionally turned to issuing more shares. The company raised billions during the Covid pandemic by selling new stock, which helped it to pay off its debts and stave off ...
If AMC doesn't reach pre-pandemic levels in Q2 ... AMC explained this was due to a lack of big movie releases during the period. However, for Q2, the story should be quite different.
AMC Theatres, the largest theatrical chain ... His mom, who is 70, reflects a troubling trend that has emerged during the pandemic: Older audiences aren't coming out to the movies in droves ...
AMC stock began 2024 on a sour note as concerns about additional dilution from equity offerings put downward pressure on the theater chain’s share price. AMC stock tumbled 15% in the first week ...
Seeking distraction from despair, residents flocked to cinemas, catapulting Los Angeles to dominate the list of the country’s ...
The last time the media business was hit this hard was during the ... and AMC Networks also reported one-time impairment charges or additional costs tied to the pandemic. Read more: BuzzFeed's ...
FILE - Visitors wait in front of a "Black Panther" movie banner, during ... AMC, which operates some 950 theaters and 10,500 screens around the world, was hit hard by the COVID-19 pandemic and ...