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Spiderman helps AMC sling into recovery but losses continue

Spiderman helps AMC sling into recovery but losses continue

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AMC Entertainment Holdings (NYSE:AMC)’s chief has said the cinema chain was “no longer on its heels”, but recovery continued to induce losses for the meme-stock. The group’s net losses for the fourth quarter of 2021 (Q4 2021) shrunk to $134.4mln from a $946.1mln loss in same, lockdown-marred period of 2020, with a net loss per share of US$0.26 in line with analysts’ expectations.

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