Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0.00205821205821206 -0.00623700623700629 -0.0124740124740126
Stock impact report

AMC is poised to ride the box office rebound, as long as its debt doesn't get in the way [CNBC]

B. Riley Financial, Inc. (RILY) 
NASDAQ:AMEX Investor Relations: ir.brileyfin.com/investor-relations
Company Research Source: CNBC
The company has more than $4 billion in long-term debt on the books and interest payments weigh heavily on its bottom line. But, AMC is taking strides to improve its revenue and coax lapsed moviegoers back into its theaters with premium screens and specialty popcorn buckets. The domestic box office is on the rebound, having posted its highest third-quarter ticket sales since the pandemic. The world's largest movie theater chain, however, isn't on such solid footing. AMC operates around 900 theaters and 10,000 screens globally, a larger footprint than its chief rivals Cinemark and Regal. Yet it's struggled with a hefty debt load, even before the pandemic, that may be preventing the company from fully capitalizing on the theater industry's revival. CEO Adam Aron, who took the company's helm in 2015, spent much of his early days in the job acquiring other chains and outfitting existing theaters with luxury seating. By the time the Covid pandemic shuttered theaters and shut down Show less Read more
Impact Snapshot
Event Time:
RILY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
RILY alerts

from News Quantified
Opt-in for
RILY alerts

from News Quantified