AMC Entertainment shares are currently at record lows, with its meme-stock era long gone as box office performance declines and debt concerns loom. Taylor Swift and Beyoncé drove almost all of AMC Theatres' revenue increase in the last quarter, with their concert films being standouts. Despite the revenue beat, AMC reported fourth-quarter earnings below Wall Street estimates, leading to a drop in stock value.
AMC delivers revenue beat helped by Taylor Swift and Beyoncé, yet stock drops - my story for @MarketWatch #AMC $AMC https://t.co/6CVjqnqcLG
AMC's distribution of "The Eras Tour" and "Renaissance" grew AMC revenue by double digits in a bad quarter for box office overall. More details: https://t.co/3kL22ki8tA https://t.co/MnwYjb9zit
AMC delivers revenue beat helped by Taylor Swift and Beyoncé, yet stock drops https://t.co/VrjaYEXQsA
Taylor Swift and Beyoncé Generated ‘Literally All’ of AMC’s Q4 Revenue Growth https://t.co/YozFSjN92I https://t.co/D6TUZBj7Ls
AMC delivers revenue beat helped by Taylor Swift and Beyoncé, but stock still falls https://t.co/aivzanDUcp
Taylor Swift, Beyoncé Concert Films Standouts For AMC Entertainment Last Quarter, But CEO Says Strike "Clearly Interrupted" Box Office Momentum https://t.co/ImegFoTnEo
AMC, the world’s largest theater chain, reported fourth-quarter earnings that fell short of Wall Street estimates https://t.co/iFRqUZa5AE
Taylor Swift, Beyoncé Drove "Literally All" of AMC Theatres' Quarterly Revenue Increase https://t.co/hx349aCEpY
Not that this hasn't been obvious, but @AMC is really challenged. AMC’s Meme-Stock Era Is Long Gone as Box Office Sags, Debt Looms https://t.co/YZWoCtIz8q
Almost three years removed from its meme-stock heights, AMC Entertainment shares are skirting record lows https://t.co/Onjqt6O3lh