Replies to post #141035 on AMC Entertainment Holdings Inc (AMC)

[NHPIPIXiPY$26]

IMO, Here's what's happening w/ movie theater industry..

AMC annual revenue
12/31/2023: 4,812,600,000
12/31/2022: 3,911,400,000
12/31/2021: 2,527,900.000
12/31/2020: 1,242,400,000

This is IMO clearly a recovering industry.
I added today because the chart is still near prolonged lows AFTER a reverse split..
and if things ever pick up because of MEME sector madness, or if the price simply rebounds on its own b/c of the post-pandemic recovery, then AMC will have the ability to (hopefully in a measured way) raise money & really improve their debt situation.

The one thing AMC absolutely had to have as a foundation for everything else to turn around is people going back to movie theaters & it's happening.

All IMO only and not a recommendation for anyone. Still a risky play!