AMC ENTERTAINMENT HOLDINGS, INC. (AMC)


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April 26, 2024


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About the Company

AMC Entertainment Holdings, Inc. (doing business as AMC Theatres, originally an abbreviation for American Multi-Cinema; often referred to simply as AMC and known in some countries as AMC Cinemas or AMC Multi-Cinemas) is an American movie theater chain founded in Kansas City, Missouri, and now headquartered in Leawood, Kansas. It is the largest movie theater chain in the world. Founded in 1920, AMC has the largest share of the U.S. theater market ahead of Regal and Cinemark Theatres. After acquiring Odeon Cinemas, UCI Cinemas, and Carmike Cinemas in 2016, it became the largest movie theater chain in the world. It has 2,807 screens in 353 European theatres and 7,755 screens in 593 American theatres.The company is listed on the New York Stock Exchange; from 2012 to 2018, the Chinese conglomerate Wanda Group owned a majority stake in the company. Private equity firm Silver Lake Partners made a $600 million investment in AMC in September 2018, but the voting power of AMC shares was structured so that Wanda Group still controlled the majority of AMC's board of directors. Amid financial downturns caused by the COVID-19 lockdowns, in January 2021, Wanda's ownership was increasingly diluted due to new financing by AMC, as well as short squeezes that resulted in Silver Lake converting its $600 million debt holding to equity. In early-February 2021, Wanda converted its Class B shares to Class A shares, thus reducing its voting power to less than 50%.

Sector

Trade & Services

Industry

Services-Motion Picture Theaters

Employees

4408

Exchange

NYSE

$5B

Total Revenue

4K

Employees

$452M

Market Capitalization

-2.16

Price/Earning ratio

Fundamental Data and Insider Transactions (Quarterly data) Full Screen

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Latest $AMC News

AMC Entertainment Holdings, Inc. Previews First Quarter 2024 Preliminary Results and Announces First Quarter 2024 Earnings Webcast

5h ago, source:

AMC Entertainment Holdings, Inc. (NYSE: AMC) (the "Company," or "AMC"), today released preliminary results for the first ...

What's Going On With AMC Entertainment Stock?

on MSN ago, source:

AMC Entertainment Holdings, Inc. (NYSE:AMC) shares are trading higher Monday, and the stock is up more than 38% over the past ...

AMC Entertainment Holdings Inc - Class A

4d ago, source: 24/7 Wall St

AMC Entertainment Holdings Inc is a leading name in the movie theater industry, primarily known for showing films across a vast network of theaters. With roots stretching back to 1920, AMC has ...

Most Entertainment Stocks Are Better Buys Than AMC: 3 Picks to Consider

10h ago, source:

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Most entertainment stocks are considered better investments ...

Investors Heavily Search AMC Entertainment Holdings, Inc. (AMC): Here is What You Need to Know

9d ago, source: Yahoo Finance

AMC Entertainment (AMC) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.

AMC Entertainment Holdings, Inc. Provides Settlement Notice

1mon ago, source: Stockhouse

AMC Entertainment Holdings, Inc. (NYSE: AMC), today announced that a federal court in New York has issued an order preliminarily approving a proposed settlement reached by all parties to a civil ...

It's Too Early For AMC Entertainment To Be In The Spotlight

10d ago, source:

AMC Entertainment Holdings continues to face difficulties with declining stock prices, pandemic effects, and debt burden.

AMC Entertainment Holdings Inc Class A AMC

4d ago, source: Morningstar

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

AMC Entertainment Stock Is Tumbling Thursday: What's Going On?

29d ago, source: Benzinga.com

AMC says it entered into an equity distribution agreement to sell up to $250 million of its common stock from time to time. AMC intends to use proceeds to bolster liquidity "in light of the low ...

AMC Entertainment Holdings Inc Class A

4d ago, source: Morningstar

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

AMC Entertainment Holdings, Inc. Class A

3mon ago, source: CNN

AMC Entertainment Holdings, Inc. engages in the theatrical exhibition business through its subsidiaries. It operates through the U.S. Markets and International Markets segments. The U.S. Markets ...

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