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Amc Entertainment Holdings Exercises An Option To Repurchase Some of its First Lien Debt
AMC Says Over 2 Mln People Watched Movies At AMC's U.S. Theatres Sept 2 Through Sept 5
Amc Entertainment Holdings Inc - Cash At June 30, 2021 Was $1,811.2 Million Excluding Restricted Cash Of $28.4 Million
AMC Entertainment Holdings, Inc. is a theatrical exhibition company. The Company conducts operations through two segments: U.S. markets and International markets. It licenses first-run films from distributors owned by film production companies and from independent distributors on a film-by-film and theatre-by-theatre basis. It also offers food and beverage products, including drinks and meals, popcorn, soft drinks, candy and hot dogs, coffee, snacks, beers, wine and mixed drinks, and other gourmet products. In U.S. markets, it operates theatres in approximately 44 states and the District of Columbia. In International markets, it operates theatres in approximately 13 European countries and in Saudi Arabia. It operates approximately 1,004 theatres and over 11,041 screens in approximately 15 countries, including over 636 theatres with a total of approximately 8,094 screens in the United States and over 368 theatres and approximately 2,947 screens in European markets and Saudi Arabia.
One Amc Way, 11500 Ash Street
Adam M. Aron
Chairman of the Board, President, Chief Executive Officer
Sean D. Goodman
Chief Financial Officer, Executive Vice President
Carla C. Chavarria
Chief Human Resource Officer, Senior Vice President
Stephen A. Colanero
Executive Vice President, Chief Marketing Officer
Elizabeth F. Frank
Executive Vice President, Worldwide Programming, Chief Content Officer
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Nearly 4 million people worldwide flocked to theaters owned by AMC Entertainment over the weekend to watch "Venom: Let There Be Carnage" and the latest James Bond film, setting a record since the movie halls were reopened after being shut for more than a year.
AMC Entertainment Holdings Inc’s board has been hit with a derivative suit in New York federal court challenging the company’s handling of litigation over its $1.2 billion acquisition of Carmike Cinemas.
AMC Entertainment Holdings Inc boss Adam Aron said the theater chain would accept ether, bitcoin cash and litecoin alongside bitcoin for ticket purchases, as cryptocurrencies gain acceptance among mainstream investors and companies.
(The author is a Reuters Breakingviews columnist. The opinions expressed are their own.)
AMC Entertainment Holdings Inc shares reversed course to trade down 5.7% on Tuesday a day after it posted better-than-expected quarterly results and a deal with Warner Bros for an exclusive movie release period for cinemas.
AMC Entertainment Holdings Inc's shares rose 9% on Tuesday as retail traders fueled another rally in the theater operator's stock following its better-than-expected quarterly results and a deal with Warner Bros to delay same-day streaming releases.
Cinema operator AMC Entertainment will have the technology in place to receive payment in bitcoin by the end of the year as payment for movie tickets and concessions, the company's CEO said on a call discussing its results.
Cinema operator AMC Entertainment beat second-quarter revenue estimates on Monday, lifted by the return of moviegoers to its theaters after a year of closures and restrictions, sending its shares up 4% in extended trading.
AMC Entertainment, the cinema operator beat second-quarter revenue estimates on Monday, lifted by millions of moviegoers at its theaters catching up on in-person entertainment after a year of staying indoors.
Theater operator AMC Entertainment Holdings Inc on Wednesday named Chief Executive Officer Adam Aron as chairman, at a time when investors are pushing companies to separate the two roles to keep a check on management.
Shares in AMC Entertainment closed up 24.5% on Tuesday after a late session volume spike boosted the cinema operator which has been a big focus on social media.
Shares of retail favorite AMC Entertainment were fighting to reverse a recent string of losses Thursday, as Wall Street debated the longevity of a trading frenzy in stocks that gained a massive following on social media in 2020.
Shares of cinema operator AMC Entertainment and video game retailer GameStop Corp fell sharply on Wednesday and were both trading below half their recent peak prices, testing the fortitude of the stocks' retail shareholders.
Shares of cinema operator AMC Entertainment and video game retailer GameStop Corp fell on Wednesday and were both trading at half their recent peak prices, testing the fortitude of the stocks’ retail shareholders.
AMC Entertainment shares closed down 4% on Friday after short-seller Iceberg Research tweeted that it had made a bearish bet against the theater chain operator's stock.
Torchlight Energy Resources Inc upsized its stock offering to $250 million from $100 million, looking to cash in on the retail interest in its shares which soared more than 74% on Monday.
(Corrects to $512 million from $488 million in the headline)
Shares of AMC Entertainment Holdings shot higher on Monday, setting the stage for another week of roller-coaster trading in shares of the theater chain operator and other retail investor favorites.
Shares of Clover Health Investments Corp jumped 13.3% in early deals on Wednesday, a day after small-time traders on online discussion forums sent its stock zooming 86% to a record high.
Shares of AMC Entertainment Holdings Inc and other "meme stocks" jumped on Monday, extending a rally in social-media favorites into a third week as message boards hummed with talk of squeezing Wall Street short-sellers.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.