AMC Entertainment Has 6 Bold Ideas for Transforming the Movie Chain
It was no surprise that AMC Entertainment (NYSE: AMC) reported a fairly strong quarter considering it had pre-announced its results at the beginning of February. Still, it was the best performance from the theater operator in the last two years. Commenting on all of AMC's critics who thought the cinema stock was doomed, CEO Adam Aron said, "they were wrong, they were wrong, they were wrong."
Yet because the theater chain's quarterly results were mostly predicated on the success of Spider-man: No Way Home, AMC still needs to prove it can replicate its success without a massive blockbuster film propping up the business.
Image source: Getty Images.
Source Fool.com
