Nolte: Because Their Product Stinks, Movie Theater Stocks Crash | WHAT REALLY HAPPENED


Nolte: Because Their Product Stinks, Movie Theater Stocks Crash

With 11,873 screens in 1,009 theaters, AMC Entertainment is the single largest theater operator in America and — are you ready for this? — its stock price has collapsed a whopping -45% since Memorial Day. Two other monster chains, Regal and Cinemark, have seen their stocks drop by -28% and -18%, respectively. Even Imax, one of the pillars (along with 3D) of the premium pricing schemes that have kept the box office looking relatively good these past few years, saw a -31% drop in the price of its shares.

Comments

People are just

Old_Logan

(*Just Waiting For It To Come Out on Netflix!)

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