AMC Entertainment Holdings Inc
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Communication Services : Entertainment | Small Cap Value
Company profile

AMC Entertainment Holdings, Inc. is a holding company. The Company, through its subsidiaries, including AMC Entertainment Inc. (AMCE), American Multi-Cinema, Inc. (OpCo) and its subsidiaries, is engaged in the theatrical exhibition business. It operates through theatrical exhibition operations segment. It licenses first-run motion pictures from distributors owned by film production companies and from independent distributors. The Company also offers a range of food and beverage items, which include popcorn; soft drinks; candy; hot dogs; specialty drinks, including beers, wine and mixed drinks, and made to order hot foods, including menu choices, such as curly fries, chicken tenders and mozzarella sticks. It operates over 900 theatres with approximately 10,000 screens globally, including over 661 theatres with approximately 8,200 screens in the United States and over 244 theatres with approximately 2,200 screens in Europe. The Company’s subsidiary also includes Carmike Cinemas, Inc.

Closing Price
$2.36
Day's Change
-0.16 (-6.35%)
Bid
--
Ask
--
B/A Size
--
Day's High
2.49
Day's Low
2.28
Volume
(Below Average)
Volume:
11,013,232

10-day average volume:
13,406,151
11,013,232

AMC to start opening movie theaters in New Jersey on Friday

8:12 am ET September 3, 2020 (MarketWatch)
Print

AMC Entertainment Holdings Inc. (AMC) said Thursday it will start reopening its movie theaters in New Jersey on Sept. 4, after the sixth-largest state in the movie theater chain's circuit announced the reopenings will be permitted. AMC said it will start by opening two theaters -- AMC Jersey Gardens 20 and AMC Wayne 14 -- on Friday, and expects to have all 27 of its New Jersey theaters open on or around Sept. 10. AMC's stock fell 4.0% in premarket trading Thursday, after soaring 16% on Wednesday to close at the highest level since Feb. 24 after the company announced its reopening plans (http://www.marketwatch.com/story/amc-plans-to-open-140-more-theaters-this-week-stock-pops-12-2020-09-01). The stock has still lost 2.8% year to date through Wednesday, while the S&P 500 has gained 10.8%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

September 03, 2020 08:12 ET (12:12 GMT)

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