Kaiser C Kitty - Professional Genius (nprofile…p70h)
AMC currently has about 860 theaters across the globe, making it the largest theater chain in the world.
Yet on the company’s financial earnings call earlier this week, CFO Sean Goodman revealed that since 2020, AMC had closed 213 locations, while opening just 65 new ones during the same timeframe.
Today’s share price of around $1.16 represents a more than 99% decline from AMC’s nearly $650 high.
Nearly 20% net location reduction so far with more planned and 99% shareholder value wipeout, I wouldn't call the theater business 'healthy' yet either.
Nicholas Conrad
npub1qt…tyq3j
2026-08-04 15:03:17 UTC
in reply to nevent1q…w6eu
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wss://relay.ditto.pubPublished at
2026-08-04 15:03:17 UTCEvent JSON
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