Cash is king, says under-fire AMC chief executive after equity raise - MarketWatch
1. AMC raised $183.8 million through stock sales, emphasizing cash reserves. 2. CEO Adam Aron faces backlash from shareholders over financing decisions. 3. AMC's stock trades significantly lower than its 2021 peak of $393.63. 4. The company reported a $217 million loss this year, cash burn unsustainable. 5. North American box office down 25% from 2019 levels, impacting revenue.