$AMC Entertainment(AMC)$ $AMC -To The Moon - Tiger Brokers Online Investing Community - To The Moon

$AMC Entertainment(AMC)$

$AMC still has $624M of cash and just raised $124M from stock sales since Q1. They have a literal war chest

Almost a billion of debt paid off, Almost 700 million cash on hand, strike over, covid over. The future is looking good on the horizon.

I feel this report was stellar considering the horrible Q1 box office.

Under the surface, $AMC is closing screens and divesting underperforming theaters. This should continue to right-size their cost structure (long-term)

AMC Earnings: Which Meme Stock Do You Favor?

AMC Entertainment reported first-quarter financial results after the market closes on Wednesday, May 8. Shares of AMC Entertainment are moving slightly after the company posted its first quarter report revealing revenue of $951.4 million, beating an expected $870.86 million, with $0.78 diluted loss per share versus an expected $0.79. ---------------------- Which meme stocks do you favor?

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They have a literal war chest</p>\n<p>Almost a billion of debt paid off, Almost 700 million cash on hand, strike over, covid over. The future is looking good on the horizon.</p>\n<p>I feel this report was stellar considering the horrible Q1 box office.</p>\n<p>Under the surface, $AMC is closing screens and divesting underperforming theaters. This should continue to right-size their cost structure (long-term)</p>\n<p></p>\n<p><br></p></body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/AMC\">$AMC Entertainment(AMC)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;\n<p><br></p>\n<p>$AMC still has $624M of cash and just raised $124M from stock sales since Q1. They have a literal war chest</p>\n<p>Almost a billion of debt paid off, Almost 700 million cash on hand, strike over, covid over. 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