AMC shares plummet as rival Cineworld warns of possible bankruptcy - CBS News


8/22/2022 12:00:00 AM2 years 8 months ago
by Khristopher J. Brooks

Investors have embraced the U.S. movie theater chain as a "meme stock" despite its large financial losses.

AMC Entertainment shares are plunging after rival movie theater chain Cineworld warned that it might file for Chapter 11 bankruptcy.  AMC, the world's largest movie theater chain, joined the ranks o… [+2907 chars]

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