$AMC Entertainment (AMC.US)$ AMC originally expected to open...
$AMC Entertainment (AMC.US)$ AMC originally expected to open 20 theaters in Saudi Arabia by the end of 2020, but today it has only opened 10 theaters, operating a total of 65 screens, according to the Wall Street Journal. Local brands Muvi and Vox, which lack direct official support and were licensed after AMC, now operate 150 screens each. By now, AMC, the world's largest theater chain, has been marginalized in Saudi Arabia.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more9 2
phillyphan278 : such awful news.. im surprised, it hasnt tanked 20%
Pochong phillyphan278 : It will. When market opens or over the next few trading days. Movie theatres are a sunset company.
phillyphan278 Pochong : i was bein' sarcastic.
AlphaWolf01 Pochong : I dare you to short AMC more. :) The confidence in you is hillarious considering AMC is no longer just your average theatre company, there is improvement in fundamentals and growth potential, current price is a snitch compared to actual value.
EfraChan Pochong : Lol come out of ur sad cave and watch spiderman. You clearly not even a movie fan yet gambling on things u dont even understand.
DumpTheMoneyAMC AlphaWolf01 : Are you still fantasizing about being squeezed The stock price of 28 is still falling. The stock market is not for you, just go to work part-time
DumpTheMoneyAMC AlphaWolf01 : What about the compression you said? I thought it was already 72, but I misread that it was 27
DumpTheMoneyAMC MonkeyDragon : Why don't you go back to work moving bricks Squeeze?? Chives are perfect for you
MonkeyDragon DumpTheMoneyAMC : Time will tell
DumpTheMoneyAMC MonkeyDragon : Proof of time?? 72, 62, 52, 42, 32, now 28 Right, time will tell
View more comments...