Who in the right mind wants to watch top gun maverick on a iPad. VHS never killed cinema, neither will streaming, people want to go out as a family, not stuck indoors
It’s irrelevant? They have announced a deal with universal, & it’s still down 6-9%.. everytirne cineworld make an announcement the price falls, & the village idiots come up with conspiracy theories about shorters & institutions trying to drop the price
Top movie theater circuit AMC Entertainment said it has raised $428 million in new capital from the sale of 43 million shares at an average price of $9.94.
The results of the sale followed a plan laid out in an April 27 SEC filing. The company announced the at-the-market stock sale plan at that time, and said it had ditched plans to boost the number of shares by 500 million.