AMC Theatres announces ‘social distancing’ measures to slow the spread of the coronavirus Story:
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Shares in AMC Entertainment Holdings, which were already down this year over concerns from investors about the rise of rise of streaming, dropped 30% in the last five days amid the coronavirus pandemic. The shares rallied somewhat on Friday, closing at $3.23, up 11%.of 250 people or more in order to mitigate the damage from the virus.
The move also follows a slew of studios delaying release dates for potential blockbusters including Disney’s “
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AMC will reduce capacity by 50% in all US movie theatersBeginning Saturday through April 30, AMC Theatres will cap ticket sales for each of its auditoriums to an amount equal to 50% of the normal seating capacity
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AMC is limiting how many people can see a movie at one time, more theaters could be nextAMC theaters will be a little less crowded going forward. On Friday, the company announced that it is capping its ticket availability for all showtimes going forward, allowing for only 50% seat capacity.
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Social Distancing Is A Must To Slow Spread Of CoronavirusWhen do we all just stay home?
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Coronavirus is forcing social distancing, but we've already been doing that for yearsAs coronavirus makes social distancing mandatory, what felt convenient and comfy feels different.
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Stocks Surge on New Virus Measures; Dow Up 1,985 PointsStocks surged, recouping much of a historic plunge, after President Donald Trump announced new measures to fight the coronavirus Friday
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