Home/Tag: AMC

AMC’s Cash Problem

AMC, the largest cinema chain in the U.S., warned investors on Tuesday is in danger of running out of cash by early 2021. Shares of the company tanked by 7.8% in early trading Tuesday. AMC’s […]

By |2020-10-14T09:35:25-04:00October 14th, 2020|Articles|Comments Off on AMC’s Cash Problem

AMC Nears Financing Deal

AMC Entertainment shares jumped as much as 21% after the close of regular trading on Tuesday following a story in the WSJ that the movie theater company is nearing a deal to avoid near-term bankruptcy. […]

By |2020-07-08T11:10:00-04:00July 8th, 2020|Articles|Comments Off on AMC Nears Financing Deal

AMC Eyes Reopening

AMC Entertainment Holdings Inc., the world’s largest movie-theater chain, registered a $2.2 billion net loss in the first quarter, underscoring the devastating economic blow the pandemic has had on the exhibition industry.

AMC saw “virtually no […]

By |2020-06-10T11:58:23-04:00June 10th, 2020|Articles|Comments Off on AMC Eyes Reopening