AMC warns it may run out of cash in January 2021

AMC warns it may run out of cash in January 2021

There’s no doubt that AMC movie theaters are in trouble due to the COVID-19 pandemic, but it’s now clear the chain is on the brink. Variety reports AMC has submitted an SEC filing warning that its existing cash “will be depleted” in January 2021 if it doesn’t get help.

Continue Reading . . . https://www.engadget.com/amc-warns-it-may-run-out-of-cash-184746660.html

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.