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KISS THE FUTURE – The Critically Acclaimed Documentary About a Creative Community Amid the Siege of Sarajevo, the Resilience of Its People Through Art and Music and the Tale of a Post-war Concert by U2 – to Receive a Theatrical Run Exclusively at AMC
Businesswire· 2024-01-31 19:00
LEAWOOD, Kan.--(BUSINESS WIRE)--AMC Theatres (NYSE:AMC), the largest theatrical exhibitor in the United States and FIFTH SEASON have reached a deal to release KISS THE FUTURE, a critically acclaimed documentary, that World Premiered at Berlinale and opened The Tribeca Film Festival in 2023, directed by Nenad Cicin-Sain, produced by Matt Damon, Ben Affleck, and Sarah Anthony, which will debut at select U.S. AMC locations beginning Friday, February 23, for a full theatrical run. The doc features Bono, The Edg ...
The Big Short of 2024: 7 Meme Stocks to Bet Against
InvestorPlace· 2024-01-30 11:40
Investor appetite for risky stocks has come back in recent months, but there are plenty of opportunities out there for bearish investors looking for meme stocks to short.Even as factors like cooling inflation and an expected lowering of interest rates by the Federal Reserve point to a full exit from the more challenging times for the stock market during 2022 and 2023, it’s not as if conditions have swung fully back to the environment experienced during the pandemic era.Interest rates may decrease, but not t ...
AMC Stock: Adam Aron Says That Hollywood Strikes Ruined the Early 2024 Box Office
InvestorPlace· 2024-01-29 21:26
Shares of AMC Entertainment (NYSE:AMC) stock are already down by over 30% this year, and CEO Adam Aron is very aware. On Sunday night, Aron posted this message on X (formerly Twitter):Media scoffed at my Embiid tweet, but it's all true. AMC's share price is so frustrating. The 2023 actors/writers strikes have ruined the early 2024 box office. Almost all I think about is rebuilding AMC. But: AMC based in Kansas City since 1920. So, "how 'bout those CHEEEEEFS." pic.twitter.com/2sTt2MCsBd— Adam Aron (@CEOAdam) ...
National CineMedia Signs New Long Term Exclusive Agreement with Santikos Enterprises
Businesswire· 2024-01-29 17:03
CENTENNIAL, Colo.--(BUSINESS WIRE)--National CineMedia (NCM), the largest cinema advertising platform in the U.S. that unites brands with young, diverse movie audiences, today announced a new five-year exclusive agreement with Santikos Theaters. Santikos operates 27 theater locations, and 379 screens across eight states. They are the 7th largest cinema operator in the U.S. and one of the largest affiliates on the NCM platform. “As partners since 2016, NCM is thrilled to extend our relationship with Santi ...
AMC's share price is ‘so frustrating,' and strikes have ‘ruined' early 2024 box office, CEO says
Market Watch· 2024-01-29 15:12
The recent decline in AMC’s share price is “so frustrating,” according to the movie-theater chain’s CEO, Adam Aron. “Media scoffed at my Embiid tweet, but it’s all true,” he wrote on X, formerly Twitter, late Sunday. “AMC’s share price is so frustrating. The 2023 actors/writers strikes have ruined the early 2024 box office. Almost all I think about is rebuilding AMC. But: AMC based in Kansas City since 1920. So, ‘how ’bout those CHEEEEEFS.’”On Sunday, the Kansas City Chiefs defeated the top-seeded Baltimore ...
AMC shares set to snap four-day losing streak after hitting record-low close
Market Watch· 2024-01-26 18:51
AMC Entertainment Holdings Inc. shares were up 2% Friday, putting the stock on pace to snap a four-day it rose 7.8%. Shares of the movie-theater chain and original meme-stock darling have hit a series of record lows recently and ended Thursday’s session at an all-time closing low of $4.08. Related: AMC’s CEO bemoans ‘painful’ stock slide amid ‘ludicrously anemic’ box office This is a far cry from the heady heights of the meme-stock frenzy, when the company’s shares hit an all-time closing high of $339.05 ...
Wall Street sets AMC stock price for next 12 months
Finbold· 2024-01-26 13:48
The stock price of AMC (NYSE: AMC) has encountered a challenging beginning to the year, plummeting by over -33% year-to-date. Concerns about its future among certain investors have prompted speculation about the survival of the theater chain in the current year.This year, the movie industry will produce movies that probably won’t match the fame that cinema products had in 2023, with some big blockbusters, which adds to the growing fears of investors.At the close of trading on January 25, AMC stock stood at ...
3 Stocks to Sell Before They Become Obsolete in 2024
InvestorPlace· 2024-01-25 18:19
It’s one thing to make an investment that doesn’t work out. No one gets every call right. It’s another thing to keep holding on or doubling down as a company spirals toward irrelevancy. In the stock market, there is no virtue to hanging onto shares of a company that’s a lost cause.The following three stocks to sell all had promising futures at one point. But through a combination of poor management decisions, a shifting macroeconomic environment and changing consumer preferences, all three of these struggli ...
AMC's CEO bemoans ‘painful' stock slide amid ‘ludicrously anemic' box office
Market Watch· 2024-01-23 14:07
AMC Chief Executive Adam Aron described the recent slide in the company’s shares as “painful” and pointed to the lingering impact of the COVID-19 pandemic on the movie-theater industry.“So painful: 4 years after Covid the industrywide box office is still ludicrously anemic & AMC stock has slid to $4.48,” he wrote on X, formerly known as Twitter. “Difficult to think about anything other than guiding AMC back in these challenging times. But greatness deserves praise: Sixers Joel Embiid… 70 points… 70!”Philade ...
AMC Entertainment: Better 2024 Movie Slate Gives Hope
Seeking Alpha· 2024-01-22 02:22
Marti157900 Back in October, I said I thought it was possible that AMC Entertainment Holdings (NYSE:AMC) could de-lever if movie attendance returned to pre-pandemic levels. That hasn’t happened yet, but the company did generate positive operating cash flow in Q3 and the 2024 movie slate looks more robust than it did for 2023. Company Profile As a reminder, AMC is a movie theatre operator with venues throughout the United States and Europe. At the end of September, the company had 904 theatres with 10,07 ...