AMC Entertainment Holdings beat third-quarter revenue estimates with sales of $1.41B, up 45% YoY, driven by the success of 'Barbie' and 'Oppenheimer' movies. However, the stock dropped 16% premarket after the company filed to sell $350M in stock and priced $300M of shares at $10 each. Additionally, shareholders voted against CEO Adam Aron's $23.7M pay package.
AMC Theatres’ Shareholders Vote Against CEO Adam Aron’s $23.7M Pay Package https://t.co/94VQ2LoJ9I
AMC stock tumbles as company announces $350 million share offering https://t.co/kZxYHSCtJF by @_JoshSchafer
AMC stock tumbles as company announces $350 million share offering $AMC by @_JoshSchafer https://t.co/c1N7nnsXjb
AMC Entertainment Shares Drop 10% on Plan to Sell New Stock https://t.co/t3OYVR5GkY
AMC Entertainment Shares Drop, Despite Strong Earnings, Strike Deal, After $350 Million Stock Offer https://t.co/SJTLns6xlj
$AMC 🔸AMC ENTERTAINMENT IS SAID TO PRICE $300M OF SHARES AT $10 EACH
*AMC ENTERTAINMENT DROPS 16% PREMARKET ON FILING TO SELL $350MM IN STOCK
$AMC AMC Entertainment Files for $350M Offer of Common Stock
AMC beats quarterly revenue estimates on 'Barbenheimer' boost https://t.co/nlGzhAV7Xk https://t.co/5BJLKmJFO9
AMC tops quarterly revenue estimates on 'Barbenheimer' performance https://t.co/dj09MNa7VS https://t.co/INXtawYhEw
⚠️ AMC ENTERTAINMENT BEATS QUARTERLY REVENUE ESTIMATES Full Story → https://t.co/74FVFk9csI AMC Entertainment Holdings beat third-quarter revenue estimates on Wednesday, riding on the success of "Barbie" and "Oppenheimer" movies as volumes of theatrical releases also improved… https://t.co/zPeRwyaaaq
$AMC Q3 Revenue: $1.41B, up 45% YoY
$AMC | AMC Entertainment Holdings Q3 Earnings: - Adj EPS/Loss $0.09 (Est/Loss $0.38) - Sales $1.41B (Est. $1.17B)
AMC Stock’s Fans Are Counting on Barbenheimer. Why Earnings May Disappoint. https://t.co/9gaCMNYR51