site categories
Latest in amc stock
AMC Entertainment Pares Losses, Sales Surge In Preliminary 4Q Results; Stock Pops
Giant theater chain AMC Entertainment said it expects revenue for the three months ended in December jumped to $1.17 billion from $162.5 million the year before in preliminary numbers released Tuesday morning.
The numbers aren’t the company’s official fourth-quarter report which is still to be released TBA. The…
-
-
1 Comments Comment on AMC Entertainment Pares Losses, Sales Surge In Preliminary 4Q Results; Stock Pops
AMC Entertainment Moves To Refinance Debt – Report
In early January, AMC Entertainment CEO Adam Aron announced a New Year's Resolution to refinance high interest debt the chain took on to survive the pandemic. Today, the WSJ reports he's "in advanced talks with multiple parties" to do just that but a dip in the company’s stock (and its bonds) hasn’t helped.
"The…
Adam Aron Unloads More Of His AMC Entertainment Stock, CEO Promises No More Selling
AMC Entertainment CEO Adam Aron has sold another tranche of stock, the latest in a flurry of selling he had warned investors was coming but said today is now over.
According to an SEC filing, the exec unloaded 312,500 shares yesterday at $22.846 — so about $7.14 million. Last month, he divested $9.65 million worth of…
AMC Entertainment Sees Q3 Sales Surge, Losses Narrow Amid Theatrical Recovery; CEO Says Chain Welcomed 40M Moviegoers Globally
AMC Entertainment saw revenue jump to $763 million last quarter, beating Wall Street forecasts on a strong movie slate and accelerating theatrical recovery.
Adjusted EPS losses of 44 cents a share shrank from a loss of $8.41 a year ago. Analysts had anticipated sales of $708 million with an EPS loss of 53 cents.
As of…
AMC Entertainment, Exhibition Stocks Jump As Covid Vaccine Gets Full FDA Approval
Shares of AMC Entertainment led exhibition stocks higher Monday after the FDA granted a long-awaited full approval for the Pfizer Covid-19 vaccine.
The hope is that the move – valid for those age 16 and up — will chip away at vaccine hesitancy, which has stalled the U.S. rollout of shots, and make it easier for…
AMC Entertainment Stock Soars Past $60 As Retail Investors Pile In; NYSE Halts Trading Twice – Update
UPDATED with more info: Trading in AMC Entertainment was halted twice by NYSE regulators Wednesday with the stock surging past $60 (nearly double where shares closed Tuesday) as CEO Adam Aron embraced retail traders on Reddit and social media platforms and they hugged him right back.
The stock exchange halted trading…
Movie Theaters Top Stocks On Newly Buoyant Box Office; Investors Tepid On Discovery Despite New Name
Exhibition ruled the stock market today after a long holiday weekend saw Paramount's A Quiet Place Part II crush it, earning $57 million over four days. That’s not far from the $60 million that the John Krasinski-directed sequel was anticipated to do in its 3-day opening pre-pandemic, according to my colleague Anthony…
AMC Entertainment Shares Defy Gravity; Up 45% And Climbing Today As Chain Passes $12 Billion Market Cap
AMC Entertainment shares have more than doubled this week with a 45% surge — and still rising — on Thursday that catapulted the exhibitor past a $12 billion market capitalization. Retail traders on social media swore they’d keep buying, and not sell.
AMC CEO Adam Aron has said that more than 3 million individual…
Wanda Group Sells Off Most AMC Entertainment Shares; Ends Pandemic Era With A Miniscule 0.002% Stake
AMC Entertainment's onetime owner, China's Dalian Wanda Group, has pretty much cashed out completely from the theater chain, revealing in an SEC filing Friday that it has pared its stake to a barely there 0.002%.
Wanda first acquired AMC's super-voting Class B stock – with three votes a share – in 2012, making it the…
AMC Ent. Stock Rises More As Analyst Warns It’s Worth A Buck; GameStop Dips, Reddit Furor Grows – From Shares To Silver
Shares of the happiest of exhibitors AMC Entertainment continued an upward trajectory Monday fueled by retail traders on Reddit chat rooms, even as a leading Wall Street analyst downgraded the stock to 'sell' and valued it at $1.
"In our view, the recent volatility and spike in the company’s stock, thanks to the…
AMC Stock Roars Back As GameStop Frenzy Resumes; Silver Lake Sells Entire Stake On Runup – Update
UPDATE: Private equity firm Silver Lake, which has been one of the biggest stakeholders in AMC Entertainment in recent years, has sold its entire position in the top movie theater chain after a dramatic runup in its stock.
In an SEC filing after the close of trading, AMC said Silver Lake sold shares at between $14 and…
-
By Dade Hayes
-
AMC Entertainment, GameStop Shares Retreat Amid Market Shock At New Breed Of Populist Investors
Reddit-pumped stocks from AMC Entertainment to GameStop fell Thursday as the rest of the market soared – a reversal of the day before when retail traders in crowded chat rooms joined forces to push selected names skyward and sent the market into conniptions.
The nation's largest exhibitor, AMC is down 50% after…
Next page of stories
More Stories
Sidebar
Newswire
PMC
Deadline is a part of Penske Media Corporation. © 2022 Deadline Hollywood, LLC. All Rights Reserved.
Powered by WordPress.com VIPSite
ad