National Cinemedia jumps as AMC reveals stake

National CineMedia

18/05/2022 10:26

** Cinema advertising network National Cinemedia Inc's
shares  NCMI.O  up 26.2% at $1.83 premarket
    ** Movie theater chain AMC Entertainment  AMC.N  has a 6.8%
passive stake in NCMI, according to a regulatory filing https://bit.ly/3wrIiuo
    ** AMC has about 5.95 mln shares in the firm, making it the
third-largest shareholder, per Refinitiv
    ** Up to last close, NCMI had fallen ~48% YTD

 (Reporting by Akash Sriram in Bengaluru)
 ((Akash.Sriram@thomsonreuters.com;))