AMC Entertainment CEO Adam Aron Slams Spreaders of “FUD” (Fear, Uncertainty & Doubt) After Annual Meeting

AMC Entertainment CEO and newly anointed chairman Adam Aron is having a moment with shareholders — that army of retail investors he said in June numbered about 4.1 million and own more than 80% of the stock. Some of them found it hard to access the company’s annual meeting Thursday, which was held in person at AMC’s headquarters in Leawood, KS, sparking social media discontent and claims of secrecy.

“Why didn’t you broadcast? There’s shareholders that don’t even live in America?” griped a tweet.

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@CEOAdam sought to clear it up. “So much FUD going around on the

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(AMC), Gamestop Corporation (NYSE:GME) – AMC Strikes Deal That Will See It Reopen Two Of Top-Grossing Movie Theaters In Los Angeles

Movie theatre chain AMC Entertainment Holdings Inc. (NYSE: AMC) said it has struck deals to reopen two of the highest-grossing movie theaters in the Los Angeles area.

What Happened: AMC Entertainment said it has reached long-term agreement terms with Caruso, a privately-held real estate company, to take over the leases of the 14-screen cinema at the Grove Theatre in Los Angeles and the 18-screen Americana at Brand Theatre located in Glendale.

See also: How To Buy AMC Stock

AMC expects to reopen the two formerly Pacific Theatres locations in August. The theatres have been closed for more than

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AMC to reopen two of the top-grossing movie theaters in Los Angeles

AMC Entertainment Holdings Inc., the world’s largest movie-theater chain, is reopening two of the top-grossing theaters in the Los Angeles area, which have been shuttered for more than a year.

AMC
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said Monday it has reached a long-term lease agreement with privately held real-estate company Caruso, which owns the properties, for the 14-screen Grove Theatre in Los Angeles’ Grove shopping center and the 18-screen Americana at Brand Theatre in nearby Glendale, Calif.

The two theaters were previously run by Pacific Theatres, which announced in April that they, along with 15 other Pacific and ArcLight cinemas nationwide, including Hollywood’s

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AMC Is a ‘Low Priced Stock’ in New ETF Hit by Quirk of Indexing By Bloomberg


© Reuters

(Bloomberg) — When Direxion’s new budget-stock fund starts trading on Thursday, its biggest holding will be one of the most famously expensive shares in the country.

A quirk of indexing means AMC Entertainment (NYSE:) Holdings — currently pricier than about 90% of members — has yet to exit the gauge of cheap shares tracked by the exchange-traded fund.

As a result, the movie-theater operator and Reddit favorite will account for 6.95% of the Direxion Low Priced Stock ETF (ticker LOPX) on its first day. While the product targets companies with a share price between $2 and $5, AMC

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Why AMC Entertainment Stock Was Falling Today

What happened

Shares of AMC Entertainment Holdings (NYSE:AMC) were cooling off today as domestic box office receipts declined this weekend from the prior one and as ticket sales for Walt Disney’s (NYSE:DIS) Black Widow tumbled in its second weekend in theaters, which could show the impact of the Marvel movie’s simultaneous release on Disney+. In fact, the movie theater industry lobbying group took a swipe at the strategy.

As a result, AMC stock was down 9.8% as of 10:11 a.m. EDT. 

Image source: AMC Entertainment.

So what

Total domestic box office receipts came in at $92.7

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AMC signs deal to lease the Grove and Americana

A man walks past the AMC Georgetown 14 Theatres in Washington, DC on June 3, 2021.

Mandel Ngan | AFP | Getty Images

AMC Entertainment, the worlds largest cinema chain, is adding two more Los Angeles locations to its roster.

On Monday, the company said it was taking over the leases of the 14-screen cinema at The Grove shopping complex in the Fairfax neighborhood and the 18-screen location at Americana at Brand in Glendale. Both locations were formerly operated by Pacific Theatres and are owned by real estate company Caruso.

In April, Decurion, which owned the Pacific Theatre and

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