AMC Theatres has 'substantial doubt' it can remain in business

  • By cvbizz
  • June 3, 2020
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AMC Theatres, the world’s biggest movie theater chain, said on Wednesday that it has “substantial doubt” it can remain in business after closing locations across the globe during the coronavirus pandemic.The theater chain, which closed its theaters earlier this year, expects to have lost between $2.1 billion and $2.4 billion in the first quarter.The company also said that its revenue fell to $941.5 million, which

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