AMC Entertainment has made a significant move to improve its financial standing. The company has managed to cut down its debt by nearly $40 million. This reduction is part of a larger plan to reorganize its finances, which was put into action earlier this year. What's interesting here is that AMC achieved this without giving away more of its shares or spending extra...
AMC Theaters' movie strategy is getting a shake-up, and Nikkole Denson-Randolph is set to lead the charge. For over a decade she has been with AMC Theaters in different roles from the ground to senior vice president of content strategy. This won't be an easy move for AMC. Though this is important promotion. But she is no stranger to the entertainment ind...
AMC Entertainment, the world's largest theater chain, reported a loss of $27 million in their recent quarter. This is a significant shift from last year's profit of $12. 3 million. The problem? The summer blockbusters like "Deadpool & Wolverine" and "Twisters" weren't big enough hits to offset the company's costs. Revenue also took a dip, falling by 4. 1% to $1. 3 b...
Roaring Kitty, the internet-famous investor who once sent GameStop shares soaring, is back in the headlines. But this time, it's not about a meme stock. His latest social media post, a tweaked scene from Toy Story featuring a dog being dropped, has sparked speculation about his holdings in Chewy, GameStop, and AMC Entertainment. Could this be a subtle clue that Roa...