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A vicious cycle of movie delays and theater closings is creating a worsening situation.
Don't blame anything either one said today, but the declines were still news driven.
While AMC has managed to reopen 83% of its domestic theaters since lockdowns eased, it still can’t open in some of its most lucrative locations.
Shares in world’s largest operator AMC Theatres plunged 12% after company issues warning
The country's largest multiplex operator is facing a cash crunch just as Disney is treating film distribution as if it's a whole new world.
The movie chain has been dealing with weak attendance during COVID-19.
The U.S. death toll from the coronavirus-borne illness COVID-19 climbed above 215,000 on Tuesday, after President Donald Trump returned to the campaign trail...
AMC, the nation’s largest movie theater chain, said on Tuesday that its “existing cash resources would be largely depleted by the end of 2020 or early 2021,” if current trends con…

AMC warns it could run out of cash this year

12:57pm, Tuesday, 13'th Oct 2020
A bare movie calendar and continued lackluster attendance has left AMC's business hemorrhaging cash.
Shares of AMC Entertainment Holdings Inc. undefined sank 4.9% in premarket trading Tuesday, after the movie theater operator warned that given the reduced...
AMC Entertainment Holdings may be out of cash by the end of the year if it doesn’t raise additional funds or if attendance doesn’t improve from current lows during the coronavirus pandemic, the co
Things are going from bad to worse in exhibition as AMC Entertainment said Tuesday its cash will be gone by late this year or early next and it’s exploring potential sources of additional liq…
Both UTI AMC and Mazagon Dock shares were listed on stock exchanges on Monday
Analysis: Fewer movies in theaters? Big Media turns focus to streaming video
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