Ryan Wilbourn
@WolfRyan
Host - @Wolf_Financial @Wolf_TradingX @StocksOnSpaces #SpacesHost#. Trader, Investor, and Stock Market Enthusiast.
Joined December 2019
998 Following 33.7K Followers
Somebody tell me not to short $AMC again...
$AMC JUMPS +20% ON ITS BEST QUARTER IN 106 YEARS.
AMC reported record quarterly revenue of $1.6B and an all-time high Adjusted EBITDA.
CEO Adam Aron said, "In AMC's entire 106-year history, there has never been a quarter like this one."
Blockbusters like The Super Mario Galaxy Movie and The Odyssey helped drive moviegoers back to theaters:
- Domestic ticket revenue +11.4%.
- European attendance +18% YoY.
The stock is up ~45% YTD, but still down 99% from its 2021 high.
Is $AMC finally back?
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