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AMC Entertainment Holdings Inc - AMC STOCK NEWS

Welcome to our dedicated news page for AMC Entertainment Holdings (Ticker: AMC), a resource for investors and traders seeking the latest updates and insights on AMC Entertainment Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect AMC Entertainment Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of AMC Entertainment Holdings's position in the market.

Rhea-AI Summary
<p>AMC Entertainment Holdings, Inc. (NYSE: AMC) released its preliminary results for Q1 2024, showing total revenues of $951.4 million, a net loss of $(163.5) million, and adjusted EBITDA of $(31.6) million. Despite challenges from the 2023 Hollywood strikes, AMC outperformed consensus estimates for Revenue, Adjusted EBITDA, Net Income, and Diluted EPS. The company expects a strong box office in the upcoming quarters.</p>
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<p>Warner Bros. Pictures and HBO partner to bring the documentary 'The Commandant's Shadow' to theaters in the U.S., focusing on the son of Auschwitz's Camp Commandant facing his father's legacy. The film highlights the meeting between the descendant of a war criminal and a Holocaust survivor, shedding light on the impact of historical atrocities across generations.</p>
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National CineMedia (NCM) announces the winners of the 2024 US Young Lions competition, with a significant increase in participation. The winning teams will represent TEAM USA at the global Young Lions competition at the Cannes Lions International Festival of Creativity. The competition focused on creating innovative campaigns for the Young Lions Non-profit Partner, Gold House, and their A100 List. NCM also introduced the TEAM USA Advisors program to mentor the winners. The US Lions Community will be launched at Cannes Lions, offering networking and career growth opportunities for young creatives and industry leaders.
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Amcor CEO Ron Delia to retire for health reasons, Peter Konieczny appointed as Interim CEO. Fiscal 2024 guidance reaffirmed with adjusted EPS of 67 to 71 cents per share.
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National CineMedia, Inc. (NCMI) announces record high revenue per attendee in Q4 2023, exceeding guidance with strong adjusted OIBDA. Launches $100 million share repurchase program. Q4 results show mixed performance with flat revenue, decrease in operating income, and adjusted OIBDA contraction. FY 2023 sees total revenue flat, operating loss, and adjusted OIBDA margin contraction. Q1 2024 outlook forecasts modest revenue and adjusted OIBDA. Company to host conference call on March 18, 2024.
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National CineMedia, Inc. (NASDAQ: NCMI) announces a new $100 million share repurchase program to buy back common stock until April 1, 2027, using operating cash flow distributions. The Board and Management show confidence in the cinema advertising network's future, aiming to drive long-term shareholder value.
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AMC Theatres and Zoom Video Communications collaborate to offer Zoom Rooms at AMC in eight major markets across the country, enhancing the theatre rentals business and providing a platform for immersive hybrid events and meetings.
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NCM introduces new offerings for advertisers, including programmatic buying and self-serve automation, with business outcome guarantees. The findings of a new attention study confirm cinema as the top platform for consumer attention. Major brands like United Airlines, Hyundai, and Mazda are leveraging cinema advertising for business impact.
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AMC Entertainment Holdings, Inc. announces preliminary approval of a settlement in a civil action regarding 'short-swing' profits under Section 16(b) of the Securities Exchange Act of 1934, potentially recovering $3,300,000 from Antara Defendants.
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AMC Theatres expands distribution of its retail popcorn varieties to Publix, Kroger, and Amazon, offering consumers more options to enjoy movie theater popcorn at home.
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AMC Entertainment Holdings Inc

NYSE:AMC

AMC Rankings

AMC Stock Data

717.01M
262.29M
0.38%
35.78%
16.01%
Motion Picture Theaters (except Drive-Ins)
Information
Link
US
Leawood

About AMC

amc theatres welcomes approximately 200 million guests annually through the doors of its more than 300 locations. with innovative amenities and a focus on providing an array of movies in the best theatre environment, amc is recognized as an industry leader and an iconic destination. stanley durwood saw one screen in one building as limiting, so he began remodeling several large single-screen kansas city, mo. theatres into smaller buildings with multiple auditoriums. the result? the first multiplex theatre in the world was born and it served as a blueprint for the industry. by 1968, durwood’s company had expanded nationwide and was incorporated as american multi-cinema, inc. (amc). in 2009, gerardo “gerry” lopez became the fourth ceo in amc history. guided by his leadership, amc continues to meet the ever-changing needs of moviegoers nationwide by keeping its focus where it belongs: the guest. in 2011 the company launched the revolutionary amc stubs rewards program, which rewards