AMC Entertainment CEO Vouches For More Deals: Reuters

by Shivani Kumaresan, Benzinga Staff Writer

March 28, 2022 7:24 AM | 1 min read |

AMC Entertainment Holdings Inc AMC Chief Executive Officer Adam Aron said the company would execute more deals, Reuters reported.
Recently, AMC revealed a $27.9 million investment in Hycroft Mining Holding Corp.
"I'd like to think there will be more third-party external M&A announcements going forward where AMC can reach for the stars and intriguing investments that have potentially attractive returns," the report quoted Aron.
The report added that AMC raised almost $1.8 billion in 2021 by selling its shares in the open market, riding on the 'meme stock' phenomena created by retail investors.
Price Action: AMC shares are trading higher by 2.17% at $20.68 in premarket on the last check Monday.