Company
AMC Entertainment Holdings
NYSE:AMC
AMC (NYSE: AMC) is the largest movie exhibition company in the U.S., in Europe and throughout the world with 1,014 theatres and 11,169 screens across the globe. AMC operates among the most productive theatres in the United States’ top markets, having the #1 or #2 market share positions in 22 of the 25 largest metropolitan areas of the United States, including the top three markets (NY, LA, Chicago). Through its Odeon subsidiary AMC operates in 14 European countries and is the #1 theatre chain in Estonia, Finland, Italy, Latvia, Lithuania, Spain, Sweden and UK & Ireland.
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AMC Entertainment shares rise on Black Panther: Wakanda Forever's box office success
The hotly-anticipated follow-up to 2018’s Marvel smash hit Black Panther, Wakanda Forever set a domestic box office record for films opening during the month of November with weekend ticket sales of $180 million, and $330 million globally
AMC looks forward to stronger movie box office as Black Adam, Black Panther and Avatar open
Black Adam had “the highest opening weekend box office of all-time for a film starring Dwayne Johnson”
AMC Entertainment faces a disappointing sequel to second-quarter earnings
With shares at pre-meme-rally lows and fewer box office titles in the third quarter, forecasts are tepid
AMC Entertainment narrows losses, thanks to Tom Cruise and food margins
The US’s largest cinema chain announces APE-themed preference shares
AMC Entertainment hails Spiderman and Batman for first-quarter beat
Coming quarters will see cinematic releases including sequels for Top Gun, Jurassic World, Minions, Black Panther and Avatar
Meme stocks rally as AMC chair targets more deals
AMC’s jump was its largest daily percentage movement since last June
US stocks retreat on new inflation fears as oil prices gain strength
At the close, the Dow was down 449 points at 34,359, a loss of 1.3%, while the S&P 500 lost 1.2% at 4,456 and the Nasdaq sank 1.3% at 13,923
AMC Entertainment sparks much head-scratching with gold mine investment
“To state the obvious, one would not normally think that a movie theatre company’s core competency includes gold or silver mining"
Spiderman helps AMC sling into recovery but losses continue
Losses shrunk as AMC chief said the company was "playing on offence again"
AMC reportedly fast-tracking refinance options to pay off hefty debt
Shares have slumped more than 40% since the turn of the year
Archive
FIVE AT FIVE: AMC & NFTs, buzz around BT, Amigo friendless and we decode Amrian’s copper door stopper. Plus, the Footsie’s in rebound mode
Here’s Proactive’s round-up of the day’s news with helpful links taking you our up-to-the-minute news analysis.
AMC hypes shareholders and customers alike as Spider-man tickets and NFT drop crashes websites
Shareholders and paying AMC members qualify for a series of Spider-man NFTs, if they can snap up the first 86,000 ticker preorders for 'No Way Home'.
AMC Entertainment losses smaller than expected as 99% of cinemas open worldwide
“Our financial results continue to improve, but one can see and feel that our industry and our company are on a path of recovery and improvement,” said Aron, CEO of the company
AMC Entertainment has best month since the pandemic out-scared even Halloween
“The domestic industry box office for October 2021 is estimated to come in considerably higher than that of any previous month since February of 2020,” the company told investors.
Halloween Kills box-office confirms cinema lives-on alongside streaming
The twelfth Halloween movie topped the US box office whilst also streaming via Universal's Peakcock Premium platform.
AMC watch: Bond makes strong but not Marvel-ous debut stateside
Daniel Craig's last Bond made a good start in America meanwhile two Marvel IPs passed key box office milestones.
AMC Entertainment's Odeon chain sells a million tickets for latest James Bond film
You can rely on Proactive for up to the minute Bond coverage