Shares of National CineMedia Inc. more than doubled in very active trading, after AMC Entertainment Holdings Inc. disclosed that it has taken a large stake...
Shares of National CineMedia Inc.
more than doubled in very active trading, after AMC Entertainment Holdings Inc. AMC disclosed that it has taken a large stake in the cinema advertising platform. AMC said late Monday that it owned 16.58 million National CineMedia shares, or 9.1% of the shares outstanding. That makes AMC the second-largest shareholder, behind fellow movie theater operator Cinemark Holdings Inc. CNK, which disclosed a week earlier that it owned 48.54 million shares, or 27.4% of the shares outstanding.
more than doubled in very active trading, after AMC Entertainment Holdings Inc. AMC disclosed that it has taken a large stake in the cinema advertising platform. AMC said late Monday that it owned 16.58 million National CineMedia shares, or 9.1% of the shares outstanding. That makes AMC the second-largest shareholder, behind fellow movie theater operator Cinemark Holdings Inc. CNK , which disclosed a week earlier that it owned 48.54 million shares, or 27.4% of the shares outstanding.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
AMC stock leaps after its movie theaters had the busiest Saturday post-pandemicShares of AMC Entertainment Holdings Inc. charged up 6.9% toward a one-month high in morning trading Monday, after the movie theater operator said 3.6...
Read more »
Movie Making Becomes A Game With Blockbusters Inc.ICYMI: Make your own movies from studio to concept in the latest film-maker game BlockbustersInc, coming out later this year. indiedev indiegame
Read more »
Stocks making the biggest moves midday: Micron, Pioneer Natural Resources, Block, AMC and moreMicron's shares popped after its rival announced plans to cut memory chip production near term—a move analysts said could lead to a chipmaking sector rebound.
Read more »
Facebook Censors Karoline Leavitt, Spokeswoman for Trump Supporting PAC 'MAGA Inc.'Facebook has told MAGA Inc. spokeswoman Karoline Leavitt that it is deleting her Facebook page with 12,000 followers. The warning came shortly after Leavitt announced she was joining MAGA Inc., a PAC supporting the candidacy of Donald Trump.
Read more »
Gig workers can organize without fearing antitrust, Bedoya saysIndependent contractors such as those who work for Uber Technologies Inc., Lyft Inc. and DoorDash Inc. aren’t barred by antitrust law from collectively seeking better pay and working conditions, Democratic FTC commissioner Alvaro Bedoya said Monday.
Read more »
1988 Eagle Premier ES: Chrysler's Euro-Sedan Is A Pleasant SurpriseFrom the ashes of AMC comes a competitive four-door with a dash of weirdness.
Read more »