Theater chain AMC in need of more blockbuster movies, shares fall

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AMC Entertainment (AMC) stock slides as soft box office weighs on Q3 results

November 9, 2022 3:30 PM EST

AMC Entertainment (NYSE: AMC) shares fell a further 9% Wednesday, adding to its decline so far this year after it posted earnings after the close Tuesday, reporting a wider-than-expected loss.

The movie theater business reported a loss of $0.20per share, $0.06 worse than the analyst estimate of a loss... More