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AMC ‘positioned really well’ for 2023, says Wedbush

Published: March 15, 2023 at 2:37 p.m. ET AMC is benefiting from trends in movie going and the result of key shareholder vote, analyst says AMC Entertainment Holdings Inc. is in a good position, boosted by trends in movie going and the result of this week’s key shareholder vote, according to an analyst. Getty Images
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AMC is benefiting from trends in movie going and the result of key shareholder vote, analyst says

AMC Entertainment Holdings Inc. is in a good position, boosted by trends in movie going and the result of this week’s key shareholder vote, according to an analyst.

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AMC Entertainment Holdings Inc. is in a good position, boosted by trends in movie going and the result of this week’s key shareholder vote, according to Wedbush Securities equity research analyst Alicia Reese.

On Tuesday, shareholders of AMC AMC voted in support of the company’s proposal to convert AMC Preferred Equity units APE into shares of common stock.

Reese…

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