Despite Barbie and Oppenheimer setting new sales records for AMC Theatres, the chain’s stock is in a downward spiral. Late last month, it was revealed the viral double-header set a new sales record the chain and now, the stock is the lowest it’s been since the height of the pandemic. Monday, shares of AMC stock plummeted 35 points, closing the day at just under $3.40 per share. That’s the lowest share price for the company since the week of January 15th, 2021 when most theaters remained closed because of the global pandemic.
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It was just a matter of weeks ago Barbenheimer allowed the 103-year-old company to tally its best week ever in ticket sales.
“The monumental success ofย Barbieย andย Oppenheimerย has the entire movie and movie theater industry abuzz, with discussions of new records and new benchmarks being realized seemingly wherever you turn,” AMC chief Adam Aron said in a press release at the time. “These two movies, along with the many others playing on our huge silver screens, continue to rewrite what is possible at the box office. At AMC, we are thrilled to add our own new all-time records into that conversation. Achieving the most admissions revenue in a single week in AMC’s storied 103-year history is a testament to the moviegoing audience, who has demonstrated once again that they are ready, willing, and eager to come out to movie theaters in huge numbers. Thank you to our guests for choosingย AMC Theatresย in the U.S. and Odeon Cinemas abroad.”
Through Sunday, Barbie has grossed a staggering $1.18 billion at the global box office while the R-rated Oppenheimer has a sizable $648 million.
Inย Barbie, to live in Barbie Land is to be a perfect being in a perfect place. Unless you have a full-on existential crisis. Or you’re a Ken. From Oscar-nominated writer/director Greta Gerwig comesย Barbie, which hit theaters on July 21st.ย Barbieย stars Oscar-nomineesย Margot Robbieย andย Ryan Goslingย as Barbie and Ken, alongsideย America Ferreraย ,ย Kate McKinnonย ,ย Michael Ceraย ,ย Ariana Greenblattย ,ย Issa Raeย ,ย Rhea Perlmanย , andย Will Ferrell.ย The film also stars Ana Cruz Kayne,ย Emma Mackeyย ,ย Hari Nefย ,ย Alexandra Shippย ,ย Kingsley Ben-Adirย ,ย Simu Liuย ,ย Ncuti Gatwaย ,ย Scott Evansย ,ย Jamie Demetriouย , Connor Swindells, Sharon Rooney, Nicola Coughlan,ย Ritu Aryaย , Grammy Award-winning singer/songwriter Dua Lipa and Oscar-winnerย Helen Mirrenย . Gerwig directedย Barbieย from a screenplay by Gerwig & Oscar nomineeย Noah Baumbachย , based on Barbie byย Mattelย .ย
