By Reuters Staff
FILE PHOTO: Three women use the emergency exit stairs of an AMC movie theater as a makeshift gym in Smyrna, Georgia, U.S. April 27, 2020. REUTERS/Elijah Nouvelage
(Reuters) – AMC Entertainment Holdings Inc AMC.N, the world’s largest theater chain, said on Tuesday it expects existing cash resources to be largely exhausted by the end of this year or early 2021.
Substantial doubt exists about the companys ability to continue as a going concern for a reasonable period of time, it said in a filing.read more
AMC faces cash crunch, flags going concern doubts – Reuters Africa
