AMC lost more than half a billion dollars in first quarter, but CEO sees ‘increasingly favorable environment’
May 06, 2021 at 17:02 PM EDT
AMC Entertainment Holdings Inc. lost more than half a billion dollars in the first three months of the year while reopening almost all of its U.S. theaters, but executives see brighter days ahead and the stock was holding steady in after-hours trading Thursday after eight straight days of declines.