$AMC Entertainment(AMC)$ Some reasons for the decline in AMC popularity include: Streaming services: Streaming services have kept audiences glued to the small screen. Fewer new movies: Studios have shelved or paused a substantial number of projects during the pandemic, and two major labor strikes last year pushed even more releases down the pike. Inflation: Rising prices are keeping people away from the big screens. Easier and cheaper alternatives: Watching movies from home is an easier and a cheaper alternative.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet