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AMC CEO Says Bankruptcy Is 'Inconceivable' As Shares Hit 52-Week Lows: '2025, 2026 Are Going To Be Gangbusters'

Benzinga ·  Apr 10 10:42

Movie theater companyAMC Entertainment Holdings(NYSE:AMC) recently saw its shares fall to 52-week lows, while also announcing an at-the-market share offering.

AMC CEOAdam Aronbrushed off concerns of bankruptcy.

What Happened:Movie industry experts expect a weaker box office in 2024 compared to the prior year, which could have AMC shareholders concerned.

When Aron was asked about box office concerns at the 2024 CinemaCon gathering in Las Vegas, he told The Hollywood Reporter that a restructuring is not going to happen for AMC.

"Personally, I think it's inconceivable that AMC would have to restructure like Regal...

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