AMC

Dec 06 2024FINANCE

AMC Shares Tumble: Investors React to New Stock Sale Plan

This morning, AMC Entertainment's stock took a 7% nosedive in early trading. The cause? The movie theater giant announced plans to sell up to 50, 000 shares. The company aims to beef up its financial standing and invest in enhancements, such as better seating and screens. CEO Adam Aron's "GO Plan" is the motivation behind this move, with funds also earmarked for debt...

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Nov 23 2024ENTERTAINMENT

Pac-Man Comes to Life: A Real-World Adventure Awaits!

Ever dreamed of being Pac-Man in real life? Now's your chance! Bandai Namco and Little Lion Entertainment are bringing the iconic game to Manchester, England. Starting March 22, players can run around a giant Pac-Man board, chowing down on dots and dodging ghosts. The "Pac-Man Live Experience" transforms an ordinary room into a neon-lit, pixelated universe. At the h...

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Nov 07 2024BUSINESS

Movie Theater Giant AMC Faces $27 Million Loss: What Happened?

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...

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Oct 18 2024ENTERTAINMENT

Giancarlo Esposito's Crime Drama 'Parish' Cancelled After One Season

The crime drama 'Parish', starring Giancarlo Esposito and Skeet Ulrich, has been cancelled by AMC after just one season. The network expressed gratitude for the cast and crew's efforts but regretted that a second season wasn't possible. 'Parish' follows a former getaway driver who gets entangled with a dangerous criminal syndicate after his son's murder and the colla...

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Sep 08 2024FINANCE

Toy Story or Trading Strategy? Roaring Kitty's Latest Move Raises Eyebrows

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...

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