AMC has been in the news 469% more than usual
Jul 24, 2024, 10:33 PM
3.57%
What does AMC do
AMC Entertainment Holdings Inc, headquartered in Leawood, Kansas, is a leading movie exhibition company that went public in 2013 and operates around 940 theaters with 10,500 screens across the U.S. and Europe. The company, employing 2,787 full-time staff, owns brands like AMC, AMC CLASSIC, and AMC DINE-IN, and offers a variety of food and beverage options in its theaters.
AMC has been in the news recently: AMC Entertainment anticipates Q2 2024 revenues of $1,030.6 million, alongside a net loss of $32.8 million, primarily due to the impact of Hollywood strikes. This loss contrasts with an $8.6 million profit reported in the same quarter last year.
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