AMC Entertainment Tries to Raise cash to Hang on

AMC Cinemas, America’s second largest theater chain, has filed to sell more stock shares to raise money in the face of the Covid Collapse of movie going. The stock price is running further as a result

Deceitful red state governors like the one here in Florida may be pushing the narrative that the pandemic is over, nine months in. But moviegoers aren’t buying it and film distributors are pulling product accordingly. I’ve been to a few movies in the past month and been almost all by myself in the multiplex each time.

It’s a damned death spiral for cinema thanks to incompetent and malevolent contagion mismanagement and the gullible who keep listening to the murderous toddler in charge. So sure, thanks for that.

https://www.yahoo.com/entertainment/amc-entertainment-files-sell-stock-162709875.html

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