AMC says it has enough cash through July as movie theaters aim to re-open [Yahoo! Finance News]
Imax Corporation (IMAX)
Last imax corporation earnings: 4/30 07:00 am
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Source: Yahoo! Finance News
FILE PHOTO: Deckchairs sit stacked outside a closed movie theater during the global outbreak of coronavirus COVID-19) in Santa MonicaReuters) - AMC Holdings Inc, the world's largest movie theater operator, said on Friday it has enough cash to withstand a global suspension of operations until a possible partial reopening of its locations in July.The company said it was seeking to raise $500 million in a new debt offering that would provide enough liquidity to withstand coronavirus-related closures until the U.S. Thanksgiving holiday, on Nov. 26, if necessary.Movie theaters worldwide have been shuttered since mid-March to help prevent further spread of the novel coronavirus. In the United States, the individual states are now considering when to allow businesses to reopen.Shares of AMC surged on Friday, closing up 31% at $3.20 on the New York Stock Exchange. Shares of rival Imax Corp and Cinemark Holdings Inc rose 9% and 16%, respectively.Even after Friday's surge, AMC's stock remained
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IMAX
News
- IMAX Co. (NYSE: IMAX) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- IMAX To Present at the 8th Annual Wells Fargo TMT Summit [Yahoo! Finance]Yahoo! Finance
- IMAX To Present at the 8th Annual Wells Fargo TMT SummitBusiness Wire
- IMAX Corporation's (NYSE:IMAX) Intrinsic Value Is Potentially 86% Above Its Share Price [Yahoo! Finance]Yahoo! Finance
- Private Capital's Strategic Moves in Q3 2024: A Deep Dive into Imax Corp's Significant Reduction [Yahoo! Finance]Yahoo! Finance
IMAX
Earnings
- 10/30/24 - Beat
IMAX
Sec Filings
- 11/14/24 - Form SCHEDULE
- 11/14/24 - Form SC
- 11/12/24 - Form SC
- IMAX's page on the SEC website