Yesterday, $AMC popped up to 28% after strong earnings.
What were insiders doing with the stock?
Recently, they've been buying.
Take CEO Adam.
He bought stock in May.
THE DAY AFTER. It was such a distinct pleasure, so immensely satisfying, to be able to report to you yesterday that our second quarter of 2026 with $321.4 million of Adjusted EBITDA was the single best quarterly result in AMC’s entire 106-year history.
With 71 million guests in our theatres, we also had the highest revenues in AMC history, and managed our costs well.
We have generated $228 million more EBITDA in the first half of 2026 than we did in the first half last year.
We finished the quarter with $778 million of cash on hand.
The best way to silence the critics and make the naysayers irrelevant is to produce undeniably good results, in this case for Q2 record results, and that is precisely what AMC has been doing throughout 2026.
To those Apes who stood by us along the way, and especially to those who are with us still, I am not exaggerating in saluting the role you all played in saving moviegoing and saving movie theatres and saving AMC.
Because of your support, your children and grandchildren should be able to continue to enjoy… in theatres… seeing dazzling images on our huge silver screens, just as people have done to their great delight for more than a century.
On Monday (July 20), before the market opens, AMC will announce our financial results for the 2nd quarter of 2026.
Many of you will be keenly interested to learn more as to our performance so far in 2026.
The Domestic Box Office: ticket grosses for all U.S. & Canadian theatres.
Q2 2026: $2.974 billion. That’s the biggest quarter since Q2 2019, and the 5th biggest of the 200 quarters of the past 50 years.
How many times have I heard some idiot say that movie theatres are dead?
JUST IN: FTX’s tokenized shares are now under scrutiny for stocks like $AMC & $GME.
The custodial firm had not held stock for FTX for a year, & reports are that short sellers could redeem AMC tokens for actual shares, rather than paying high borrowing fees, per The Chainsaw.
We announced today that AMC Entertainment successfully extinguished an additional $40 million of debt, and that it cost us essentially nothing incrementally to do so.
There was a clause in our July 2025 refinancing that contemplated this possibility, if certain things happened in August and September. They did happen as we hoped they would, and so this extra $40 million of debt went away.
It is only about 1% of our long term debt, but every bit helps. A small step forward is still a step forward.
AMC will be running "even more commercials" before films.
In a new deal with National CineMedia Inc, the popular theatre chain will run additional advertising spots going forward.
[via Bloomberg]