National Cinemedia jumps as AMC reveals stake
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;))
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