"AMC CEO Laments Stock Slide Amid Anemic Box Office Performance"

1 min read
Source: MarketWatch
"AMC CEO Laments Stock Slide Amid Anemic Box Office Performance"
Photo: MarketWatch
TL;DR Summary

AMC CEO Adam Aron expressed dismay over the company's stock slide, attributing it to the ongoing impact of the COVID-19 pandemic on the movie-theater industry. The stock has hit record lows, signaling the end of its meme-stock status, and Aron has been active on social media, expressing gratitude to Taylor Swift and dismissing predictions of the company's demise. Meanwhile, NBA player Joel Embiid made headlines by scoring 70 points in a game, breaking a longstanding record.

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