STOCK TITAN

AMC ENTERTAINMENT HOLDINGS, INC. - AMC STOCK NEWS

Welcome to our dedicated page for AMC ENTERTAINMENT HOLDINGS news (Ticker: AMC), a resource for investors and traders seeking the latest updates and insights on AMC ENTERTAINMENT HOLDINGS stock.

AMC Entertainment Holdings, Inc. (NYSE: AMC) is the largest movie exhibition company in the United States, Europe, and globally, with around 900 theatres and 10,000 screens in operation. Known for its innovative amenities, AMC offers plush, power recliners, MacGuffins full bars, AMC Dine-In Theatres, and premium presentations, positioning itself as a leading destination for moviegoers.

Founded in 1968 as American Multi-Cinema, Inc., the company pioneered the multiplex theater concept, transforming single-screen theaters into multi-auditorium setups. AMC's dedication to enhancing the movie-going experience includes initiatives like the AMC Stubs rewards program launched in 2011 and its Subscription A-List program, offering members the chance to see multiple movies per week.

In recent years, AMC has shown resilience and adaptability in facing industry challenges. Despite the impacts of the COVID-19 pandemic and Hollywood strikes, the company has consistently exceeded revenue and earnings expectations. In the first quarter of 2024, AMC reported total revenues of approximately $951.4 million. AMC continues to innovate with its new AMC Theatres Distribution, which successfully released TAYLOR SWIFT | THE ERAS TOUR and RENAISSANCE: A FILM BY BEYONCÉ in 2023.

Furthermore, AMC’s Summer Movie Camp program offers affordable family entertainment, and its loyalty programs provide significant savings and benefits to movie lovers. Beyond traditional cinema, AMC is also a major stakeholder in Fathom Events, bringing unique content like documentaries and concert films to a broad audience.

Rhea-AI Summary

AMC Entertainment Holdings has reached a settlement that benefits common stockholders by granting them additional shares valued at over $100 million. This arrangement comes as AMC seeks to recapitalize and manage its debt obligations post-pandemic. Stockholders will receive one share for every 7.5 shares held after a reverse stock split related to the conversion of preferred share units. The share distribution is anticipated about 10 trading days after stock exchange approval is filed on April 4. This settlement arose from litigation aimed at protecting stockholders from substantial dilution of their shares.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-23.48%
Tags
none
-
Rhea-AI Summary

AMC Entertainment Holdings, Inc. (NYSE: AMC & APE) will release its first-quarter results for 2023 on May 5, 2023, before market opening. The earnings webcast will commence at 7:30 a.m. CDT and will be accessible via AMC's Investor Relations website. Investors can submit questions through AMC Investor Connect. AMC operates approximately 950 theaters and 10,500 screens, leading in the theatrical exhibition industry globally. The company is noted for its innovative approaches, including new seating options and enhanced customer engagement strategies.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2%
Tags
-
Rhea-AI Summary

National CineMedia (NCM) released a study confirming cinema as the leading platform for consumer attention to advertising, outperforming TV, CTV, social, and digital ads. Conducted by Lumen and dentsu, the study revealed cinema attention scores were 4-7 times higher than other channels, with 97% viewer engagement compared to 38% for TV. The findings indicate longer ad viewing duration and a direct correlation between attention metrics and brand recall. Major brands like Wendy’s and adidas participated, suggesting significant implications for advertising strategies. NCM aims to leverage these insights for enhanced media effectiveness.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.27%
Tags
none
Rhea-AI Summary

AMC Entertainment Holdings has announced that its shareholders approved both the Share Increase Proposal and the Reverse Split Proposal during a Special Meeting held on March 14, 2023. With 88% and 87% approval respectively, these measures aim to enhance AMC's ability to raise equity capital and strengthen its balance sheet. Despite this endorsement from shareholders, implementation is contingent on a pending court ruling related to ongoing litigation in Delaware. A hearing is scheduled for April 27, 2023, which may influence the execution of these proposals as the company seeks to improve its financial standing.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.27%
Tags
none
-
Rhea-AI Summary

AMC Entertainment Holdings will host a listen-only webcast of its Special Meeting of Stockholders on Tuesday, March 14, 2023 at 11:00 AM CDT. The meeting will address amendments to the Company's Certificate of Incorporation, including converting outstanding AMC Preferred Equity Units (APEs) into shares of Class A common stock through a proposed reverse stock split and an increase in authorized shares.

Investors can access the webcast via AMC’s Investor Relations website. As the largest theatrical exhibition company globally, AMC operates approximately 950 theatres and 10,500 screens, focusing on innovation and enhanced guest experiences.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.49%
Tags
conferences
-
Rhea-AI Summary

AMC Entertainment Holdings, Inc. (NYSE: AMC, APE) reported its fourth quarter and full-year results for 2022. The detailed financial performance can be found on their Investor Relations page. A live webcast for investors is scheduled for February 28, 2023, at 4:00 p.m. CST. AMC continues to lead the global movie exhibition industry with approximately 950 theatres and 10,500 screens. The company has innovated through enhanced guest experiences, including power-recliner seats and improved food options. For further insights, visit their official website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.98%
Tags
none
Rhea-AI Summary

AMC Entertainment is launching a new line of microwave and ready-to-eat popcorn exclusively at Walmart, starting from March 11, just ahead of the Academy Awards. The product line features six varieties, including flavors like Classic Butter, Extra Butter, and Lightly Salted. AMC's popcorn will be available in over 2,600 Walmart locations and on walmart.com. The microwave popcorn is priced at $4.98 for a 6-count, while ready-to-eat options retail for $3.98 for bags weighing 4.2-5.2 oz. AMC aims to expand its retail presence beyond Walmart later this year.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.18%
Tags
none
-
Rhea-AI Summary

Ahava Productions and Fathom Events are set to release the documentary Santiago: The Camino Within in select U.S. theaters for one night only on March 28, 2023, at 7:00 PM. The film captures the transformative journeys of travelers along the historic Camino de Santiago, highlighting personal reflections and spiritual connections. Narrated by Bishop Donald Hying, the documentary showcases the beauty and depth of this ancient pilgrimage. Created by award-winning composer Erin Berghouse, it aims to inspire viewers through both its emotional narrative and music. Tickets are available online and at theater box offices.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.62%
Tags
none
-
Rhea-AI Summary

AMC Entertainment Holdings, Inc. (NYSE: AMC, APE) will report its fourth quarter and full year results for 2022 after the market closes on February 28, 2023. A live earnings webcast is scheduled for 4:00 p.m. CST, accessible through the Investor Relations section of its website. Investors are encouraged to register at least 15 minutes before the webcast and can submit questions through AMC Investor Connect starting February 20, 2023. The company, with about 950 theatres and 10,500 screens globally, emphasizes innovation in the exhibition industry with enhanced seating, food options, and loyalty programs.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.19%
Tags
Rhea-AI Summary

TBN, Fathom Events, and Impact Productions announced the upcoming premiere of THE JOURNEY: A Music Special from Andrea Bocelli, set for April 2-4 and April 6, 2023, in theaters nationwide. This documentary follows Bocelli and his wife as they traverse Italy's Via Francigena pilgrimage, blending stunning musical performances with personal stories. Notable appearances include Pope Francis, Michael W. Smith, and Tori Kelly. Tickets are available now via the Fathom Events website. The premiere aims to inspire audiences through a journey of faith, music, and scenic beauty.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.44%
Tags
none

FAQ

What is the current stock price of AMC ENTERTAINMENT HOLDINGS (AMC)?

The current stock price of AMC ENTERTAINMENT HOLDINGS (AMC) is $4 as of December 27, 2024.

What is the market cap of AMC ENTERTAINMENT HOLDINGS (AMC)?

The market cap of AMC ENTERTAINMENT HOLDINGS (AMC) is approximately 1.5B.

What does AMC Entertainment Holdings, Inc. do?

AMC operates approximately 900 theatres and 10,000 screens globally, offering premium movie experiences and amenities.

What are some of AMC's recent innovations?

AMC has introduced AMC Theatres Distribution, AMC Stubs rewards program, and AMC Dine-In Theatres, among others.

How has AMC performed financially recently?

In Q1 2024, AMC reported total revenues of approximately $951.4 million.

What is the AMC Stubs program?

AMC Stubs is a loyalty program that offers members various benefits, including discounts, rewards, and special offers.

What is AMC Theatres Distribution?

Launched in 2023, AMC Theatres Distribution has released successful films like TAYLOR SWIFT | THE ERAS TOUR and RENAISSANCE: A FILM BY BEYONCÉ.

Does AMC offer any special programs for families or kids?

Yes, AMC’s Summer Movie Camp offers affordable family-friendly movies for just $3 plus tax per ticket.

What safety measures does AMC have in place for guests?

AMC has stringent sanitation protocols and has implemented various safety measures to ensure a safe movie-going experience.

How can I join AMC Stubs A-List?

You can join AMC Stubs A-List through the AMC website or mobile app, which allows you to see up to 3 movies per week.

What types of amenities do AMC theatres offer?

AMC theatres offer amenities such as plush, power recliners, MacGuffins full bars, dine-in theatres, and premium large format presentations.

Where can I find more information about AMC’s financial performance?

Detailed financial performance information can be found in AMC’s Investor Relations section of their website.

AMC ENTERTAINMENT HOLDINGS, INC.

NYSE:AMC

AMC Rankings

AMC Stock Data

1.54B
380.38M
0.27%
42.37%
13.16%
Entertainment
Services-motion Picture Theaters
Link
United States of America
LEAWOOD