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AMC Theatres Expects 91% Decline in Q3 Revenue

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Also Read: AMC's Stock Surges 22% on New York Theaters ReopeningAMC said it had $417.9 million in cash on hand at the end of September 2020.

AMC has raised more than $50 million since then through the sale of common stock.The company reiterated in the SEC filing that is is pursuing additional financing, continuing attempts to negotiate better lease terms with landlords, pursuing asset sales and looking to take on new partners.AMC got some good news on Monday when New York State agreed to reopen theatres.

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