![]() With the recent development in technology, it is possible to enjoy watching films at home. ![]() However, cinemas are seeing an increase of customers due to fanfare surrounding popular blockbusters such as ‘Venom: Let There Be Carnage’ or James Bond’s latest outing this trend will only continue following screenings of popular blockbusters like ‘The Batman’, ‘Doctor Strange in the Multiverse of Madness’, ‘Uncharted’, to name a few. With movie theatres shut down and same-day releases of theatrical movies on streaming platforms, revenues were bound to suffer. Revenues fell 77.3% to $1.2 billion in 2020, down from its 2019 high of $5.5 billion. The box office is still trying to return to pre-pandemic times. So, keep your position in AMC at this point, considering the year ahead. Hence, AMC management tailors its strategy to make sure it keeps Redditors happy. The chances are bright that AMC will snap its losing streak and regain lost ground in the new year. They have demonstrated that they are a force on Wall Street throughout the year. These newbie investors started their trading journeys with the stimulus checks they received, and then they never stopped. That gives it a lot of currency among retail traders. ![]() ![]() But AMC continues to be a highly mentioned stock on r/WallStreetBets. ![]()
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