AMC dropped 30% yesterday..... AFTER the market closed. HIGHLY UNUSUAL.
(media.greatawakening.win)
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Yes. Now go one step further....
AMC Theaters is the largest movie theater chain in the United States and Canada with 7,850 screens as of 2022. The second and third largest chains are Regal Entertainment Group with 6,851 screens and Cinemark USA, Inc. with 4,426 screens.
Of course the biggest chain of theaters would have the most showings of a top grossing film. More screes = more showings.
As I said in another comment, they will have a fantastic Q3 earnings. Doesn't matter. They will give bonuses to their execs and still go under.