AMC Entertainment chief executive Adam Aron saw a 2023 compensation package of $25.4 million — up from $23.7 million a year ago – inflated by stock awards worth $17.9 million along with a cash bonus of $6 million bonus and a $1.5 million base salary. In a proxy statement filed with the SEC, the compensation committee of the world’s biggest exhibitor cited progress on several fronts last year in a challenging climate for theatrical as Hollywood strikes interrupted a nascent post-Covid recovery. However, sha ...

AMC Entertainment (NYSE:AMC) stock is a hot topic on Monday after CEO Adam Aron highlighted the recovery of the box office over the Easter weekend.Aron started off his praise for the box office with an X post about Godzilla x Kong: The New Empire performing well during its opening night. He followed that up with another post on the social media platform noting that This was the best March for the box office in five years.Here’s what Aron said about March performance in his X post.“Happy Easter everyone. My ...

Meme stocks became a cultural phenomenon when shares of Gamestop shot to the moon in early 2021. A group of Reddit (NYSE:RDDT) traders rallied around meme stocks, stunning Wall Street by showcasing the power of collective retail trading. Though many consider it a “gotcha” moment against the financial bigwigs, the move hurt all investors alike, making meme stocks to sell a relevant topic of discussion.Most of the gains achieved by meme stocks shortly after the retail trading frenzy were lost. Moreover, meme ...

Here is Why AMC May Announce a Stock Split This Year Photo by Bruce Bennett / Getty Images News via Getty Images As the largest movie theater chain in the world, AMC Entertainment Holdings, Inc. (NYSE: AMC) has had more roller-coaster leaps and dives than an Indiana Jones movie, with numerous entertaining and infuriating events at each junction for shareholders. Due to current market conditions and the results of business decisions made by management over the past few years, there are a number of reasons ...

In the latest trading session, AMC Entertainment (AMC) closed at $4.39, marking a -1.13% move from the previous day. This change lagged the S&P 500's 0.63% gain on the day. Meanwhile, the Dow gained 0.2%, and the Nasdaq, a tech-heavy index, added 0.82%.Heading into today, shares of the movie theater operator had lost 8.07% over the past month, lagging the Consumer Discretionary sector's loss of 1.33% and the S&P 500's gain of 1.76% in that time.Market participants will be closely following the financial res ...

CENTENNIAL, Colo.--(BUSINESS WIRE)--National CineMedia, Inc. (NASDAQ: NCMI) (“the Company” or “NCM”), the managing member of National CineMedia, LLC (“NCM LLC”), the operator of the largest cinema advertising platform in the U.S., today announced its results for the fourth quarter and full year 2023, ended December 28, 2023. “In 2023, NCM successfully re-established the importance of cinema for best-in-class advertisers, with movies driving the cultural conversation and the box office reaching its highes ...

Investor enthusiasm for risk continues to increase as the stock market notches up fresh highs. Hence, amidst the bullishness, it’s an opportune time to offload penny stocks to sell and optimize your portfolio.The bullishness in the market reflects a major shift from the cautious stance prevalent in the past couple of years. Yet, despite this ‘risk on’ environment, not all market segments have benefitted equally. AI has been a major theme in the stock market in the past year, propelling associated penny stoc ...

The speculative juices are flowing at full force right now. The cryptocurrency market is reaching new heights, and all sorts of new coin projects are taking off. On the equity side of things, quantum computing, AI, and semiconductors are among the flourishing growth sectors.Investors could be forgiven for thinking that we’re back in 2021, giving the speed of gains across many asset classes. And 2021, after all, was famous for its short squeezes and meme stock mania.However, as we have seen over the past few ...

Zoom could be coming soon to a theater near you.The video conferencing platform has launched a partnership with AMC Entertainment to allow businesses to hold remote meetings and events at AMC’s multiplexes.“Zoom Rooms at AMC enables companies with dispersed workforces and customer bases to bring people from different locations together at the same time for cohesive hybrid events and meeting experiences,” the companies said in a Thursday (March 14) news release.The program is available at theaters in New Yor ...

LEAWOOD, Kan.--(BUSINESS WIRE)--AMC Theatres® (NYSE:AMC), the largest theatrical exhibitor in the United States and the world, and Zoom Video Communications, Inc., today announced that Zoom Rooms at AMC is now available in eight major markets around the country. Zoom Rooms at AMC enables companies with dispersed workforces and customer bases to bring people from different locations together at the same time for cohesive hybrid events and meeting experiences. The spaces combine Zoom’s collaboration platfo ...