AMC's CEO bemoans ‘painful' stock slide amid ‘ludicrously anemic' box office

AMC Chief Executive Adam Aron described the recent slide in the company’s shares as “painful” and pointed to the lingering impact of the COVID-19 pandemic on the movie-theater industry.“So painful: 4 years after Covid the industrywide box office is still ludicrously anemic & AMC stock has slid to $4.48,” he wrote on X, formerly known as Twitter. “Difficult to think about anything other than guiding AMC back in these challenging times. But greatness deserves praise: Sixers Joel Embiid… 70 points… 70!”Philade ...