AMC Entertainment Has More than a COVID-19 Problem [The Motley Fool]
AMC Entertainment Holdings, Inc. Class A (AMC)
NASDAQ:AMEX Investor Relations:
investor.amctheatres.com
Company Research
Source: The Motley Fool
AMC Entertainment Holdings(NYSE:AMCWhile international diversification is good, the coronavirus pandemic has shut down movie theaters across the United States and Europe.If this was the only issue AMC was confronting, that would be one thing. Unfortunately, AMC's troubles won't end once restrictions are lifted and people are free to go to the movies.Image source: Getty images.Deep-rooted issuesThe company has been updating theaters with reclining seats, upgraded sight and sound, and other improvements. And these renovations likely won't go unnoticed to the approximately . million households that belong to the various levels of AMC's loyalty program. While these members represent less than half of its domestic attendance, they account for more than two times the revenue that came from non-members.What's more, the program allows AMC to collect data on customers while offering discounts on various items. There are free and $ annual-fee plans that provide rewards to patrons. There is also
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AMC
News
- AMC Entertainment Holdings, Inc. (NYSE: AMC) had its "underperform" rating re-affirmed by analysts at Macquarie. They now have a $4.00 price target on the stock.MarketBeat
- US$4.24: That's What Analysts Think AMC Entertainment Holdings, Inc. (NYSE:AMC) Is Worth After Its Latest Results [Yahoo! Finance]Yahoo! Finance
- AMC Theatres® Announces AMC's Go Plan – a Multi-Year Plan to Invest up to $1.5 Billion Over Four to Seven Years, Greatly Improving the Movie-Going Experience at AMC [Yahoo! Finance]Yahoo! Finance
- AMC Theatres® Announces AMC’s Go Plan – a Multi-Year Plan to Invest up to $1.5 Billion Over Four to Seven Years, Greatly Improving the Movie-Going Experience at AMCBusiness Wire
- AMC Entertainment Holdings, Inc. (NYSE: AMC) had its price target lowered by analysts at B. Riley from $8.00 to $6.00. They now have a "neutral" rating on the stock.MarketBeat
AMC
Earnings
- 11/6/24 - Beat
AMC
Sec Filings
- 11/12/24 - Form 8-K
- 11/8/24 - Form SC
- 11/6/24 - Form 10-Q
- AMC's page on the SEC website