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Stock impact report

AMC says it has enough cash to withstand theater shutdowns until July [Reuters]

AMC Entertainment Holdings, Inc. Class A (AMC) 
NASDAQ:AMEX Investor Relations: investor.amctheatres.com
Company Research Source: Reuters
AMC says it has enough cash to withstand theater shutdowns until July April 17 (Reuters) - AMC Entertainment Holdings Inc, the world’s largest theater operator, said on Friday its current cash balance was enough to withstand a global suspension of operations until a partial reopening in July. AMC, which closed its theaters last month to help prevent the spread of the new coronavirus, had a cash balance of $299.8 million as of March 31. (Reporting by Supantha Mukherjee in Bengaluru; Editing by Aditya Soni) Show less Read more
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