AMC shares drop 30% as the owner of Regal Cinemas issues a bankruptcy warning.

AMC shares drop 30% as the owner of Regal Cinemas issues a bankruptcy warning. [{ "selector": ".qocid-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

AMC dropped more than 30%, adding to a loss of more than 26% from the previous week. [{ "selector": ".xockw-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Many shareholders' losses on Monday were probably compensated by the value of the recently traded APE shares. [{ "selector": ".xkmeu-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

The drop occurs as rival Cineworld said on Monday that it is thinking about declaring bankruptcy. [{ "selector": ".kzkce-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

AMC CEO Adam Aron warned of this potential move over the weekend [{ "selector": ".cifxq-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

AMC CEO Adam Aron said in a statement that “we remain confident about AMC’s future” [{ "selector": ".fgabr-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

At the end of the second quarter, AMC reported long-term debt of more than $5 billion. [{ "selector": ".zjgbc-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

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