AMC Entertainment Says It’s “Well-Positioned” Despite Investor Sell Off

Read on: Deadline

AMC Entertainment shares are up 3.6% this morning after CEO Adam Aron kicked off his campaign to restore Wall Street’s confidence in the world’s largest exhibition chain. In this morning’s formal release of Q2 results, Aron says that he’s “extremely disappointed” in AMC performance. He adds, though, that it’s “well positioned for the future.” Execs will hold a conference call with analysts later this morning. AMC lost about a quarter of its market value this week after it…