US Movie Ticket Sales -46% in 2023 from 21 Years Ago: AMC and the Movie Theater Meltdown by Wolf Richter • Jan 22, 2024 • 135 Comments Americans have changed how they watch movies. They watch more than ever, but at home.
AMC Wipes Out its Meme Stock Groupies, Shares Plunge to New All-Time Low by Wolf Richter • Aug 28, 2023 • 89 Comments It’s hard to manipulate up a stock via even the best meme-stock tactics when a company sells hundreds of millions more shares into every rally.
Despite All the Hype, Movie Theater Ticket Sales in 2021 Down 68% from 19 Years Ago. AMC Shares Collapse from WTF Spike by Wolf Richter • Jan 24, 2022 • 88 Comments Blockbusterization out of desperation.
AMC Sold Three Times More Shares than Movie Tickets in Q2, Revenues Down 70% from Q2 2019, as Business Model Collapsed by Wolf Richter • Aug 9, 2021 • 95 Comments It should just forget about selling movie tickets, and stick to selling its shares to future meme-stock billionaires.
AMC Insiders Dumped Huge Portions of their Shares after WTF Spike, AMC Sold Shares, and Wanda is Already Outa There by Wolf Richter • Jun 5, 2021 • 141 Comments But who’s buying? CEO Adam Aron is schmoozling and bamboozling the Reddit crowd.
Stock Market Officially a Bad Joke: AMC Warns Buyers of its New Shares: Don’t Buy “Unless You Are Prepared” to Lose “All or Substantial Portion of Your Investment” by Wolf Richter • Jun 3, 2021 • 156 Comments A joke where everyone is making fun of everyone in grand & crazy pump-and-dump schemes. But I can’t blame AMC. I blame the Fed.
Riskiest Junk-Rated Companies Borrow at Lowest Cost Ever amid Torrid Yield Chasing. AMC Bonds Sell at a Premium by Wolf Richter • Apr 20, 2021 • 63 Comments Commercial bankruptcy filings drop to lows last seen in the loosey-goosey days just before the Financial Crisis.
As DOW, S&P 500 Sink into Red YTD, GameStop, AMC, 4 Other “Most Shorted Stocks” Jump 135% to 538%. Utter Mania. But Bloodletting in Late Trading by Wolf Richter • Jan 27, 2021 • 323 Comments “It’s really something to see Wall Streeters with a long history of treating our economy as a casino complain about a message board of posters also treating the market as a casino”: AOC
