AMC says it has enough cash through July as movie theaters aim to re-open [Yahoo! Finance News]
Imax Corporation (IMAX)
Last imax corporation earnings: 4/30 07:00 am
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Source: Yahoo! Finance News
FILE PHOTO: Deckchairs sit stacked outside a closed movie theater during the global outbreak of coronavirus COVID-19) in Santa MonicaReuters) - AMC Holdings Inc, the world's largest movie theater operator, said on Friday it has enough cash to withstand a global suspension of operations until a possible partial reopening of its locations in July.The company said it was seeking to raise $500 million in a new debt offering that would provide enough liquidity to withstand coronavirus-related closures until the U.S. Thanksgiving holiday, on Nov. 26, if necessary.Movie theaters worldwide have been shuttered since mid-March to help prevent further spread of the novel coronavirus. In the United States, the individual states are now considering when to allow businesses to reopen.Shares of AMC surged on Friday, closing up 31% at $3.20 on the New York Stock Exchange. Shares of rival Imax Corp and Cinemark Holdings Inc rose 9% and 16%, respectively.Even after Friday's surge, AMC's stock remained
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News
- IMAX Corporation (NYSE:IMAX) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- IMAX® And SM Cinema Expand Longstanding Partnership With 10 IMAX With Laser Systems In The Philippines [Yahoo! Finance]Yahoo! Finance
- IMAX® And SM Cinema Expand Longstanding Partnership With 10 IMAX With Laser Systems In The PhilippinesPR Newswire
- IMAX Co. (NYSE: IMAX) had its "buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $22.00 price target on the stock.MarketBeat
- IMAX Co. (NYSE: IMAX) had its "outperform" rating re-affirmed by analysts at Wedbush. They now have a $22.00 price target on the stock.MarketBeat
IMAX
Earnings
- 4/25/24 - Beat
IMAX
Sec Filings
- 4/29/24 - Form 4
- 4/26/24 - Form ARS
- 4/26/24 - Form DEF
- IMAX's page on the SEC website