AMC Theaters warns of ‘substantial doubt’ about future

Jun 3, 2020

AMC Theaters is warning investors about its incredibly uncertain future as financial fallout from the pandemic continues, blatantly stating that “substantial doubt exists about our ability to continue as a going concern for a reasonable period of time.” A new 8-K filing arrived ahead of AMC Theaters’ upcoming earnings call next week, and it wasted… […]

AMC Theaters announce ‘social distancing’ measures due to coronavirus

Mar 18, 2020

AMC Theaters and Regal Cinemas are taking steps to protect customers in the wake of the novel coronavirus. The companies have announced new “social distancing” measures. Starting March 14, AMC says they will reduce how many seats will be sold at any given screening by 50 percent. So in an auditorium with 500 seats, AMC… […]

AMC Theaters will close across the US for up to 12 weeks

Mar 17, 2020

AMC Theaters, the largest theater chain in the United States, will shut its doors nationwide for between six to 12 weeks. The move complies with local, state, and federal directives to help fight the spread of COVID-19, the disease caused by the novel coronavirus. Over the last few days, multiple states and cities have declared… […]