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AMC Theatres

AMC Stock Surge Continues Amid Reddit-Fueled Meme Mania

AMC Theatres warnings to investors that they could lose their shirts in the giant theater chain’s latest stock sale, or CEO Adam Aron appearing to have gone without pants during a recent webcast…

AMC Theatres Files to Sell 11.55M Shares After Stock Surge

AMC Theatres has filed to potentially sell 11.55 million shares on the back of steep rises in its stock price due to Reddit-fueled retail trading. But in its SEC filing the cinema giant…

AMC Theatres Targets Reddit “WallStreetBets” Traders Via Website

AMC Theatres has launched the website Investor Connect to target retail investors who support the online WallStreetBets group on Reddit. The mega cinema chain, which has seen stock surges…

AMC Theatres Raises $230.5M for Acquisitions, Investments via Stock Sale

Exhibition giant AMC Theatres has struck a deal to raise more than $230 million for possible theater acquisitions and investments to make its cinema circuit more appealing to consumers as it looks…

Major Movie Theater Chains Dropping Mask Requirements If Fully Vaccinated

The mega-movie chains in the U.S. are easing their COVID-19 protocols and will allow fully vaccinated patrons to enter a theater without wearing face coverings. However, masks will still be

Wanda Sells Off AMC Theatres Stake for $426 Million

Chinese conglomerate Wanda Group has sold off essentially its entire stake in AMC Theatres, officially exiting the U.S. theatrical exhibition business. Wanda has had a controlling stake in…

Reddit “WallStreetBets” Traders Go Wild After AMC Theatres CEO Embraces Their Ownership: “He’s Totally Onboard”

To a casual listener of AMC Theatres’ second-quarter earnings call Thursday, AMC CEO Adam Aron’s short monologue about the 1988 Oscar-nominated drama Gorillas in the Mist may have been seen as a…

AMC Theatres Posts $567M Loss, but Teases “Increasingly Favorable Environment for Moviegoing”

AMC Theatres keeps facing pandemic-related headwinds, but CEO Adam Aron teased that a rebound was right around the corner, saying Thursday that “we finally can now say that we are looking at…

AMC Theatres CEO Defends Heavy Share Dilution to “Save the Company”

Adam Aron in an SEC filing defends the move to put another 500 million shares in the market, pending shareholder approval, to capitalize on his stock’s recent Reddit-driven rally.

Wanda Cashes In on AMC Theatres’ Reddit-Fueled Stock Surge

Wanda America Entertainment in a filing reveals it sold around 15.6 million shares for around $220 million.

Moviegoers Erupt With Applause as L.A Theaters Reopen: “It’s Absolutely Invigorating”

The Hollywood Reporter surveyed the scene on Monday at the busy AMC Century City 15 to find consumers relieved, elated and excited about once again experiencing films on the big screen: "I'm all for…

AMC Theatres Posts $4.58 Billion Full-Year 2020 Loss Amid Pandemic

The cinema giant, led by CEO Adam Aron, also reported a quarterly loss of $946.1 million amid a steep revenue collapse.