Elon Musk's Twitter might be going through a chaotic run, but the CEO of AMC Entertainment Holdings AMC says "a single tweet" is powerful.
What Happened: On Wednesday, Adam Aron, AMC chairman and CEO, took to Twitter and expressed his take on the microblogging site's "powerful communication."
He stated that just one tweet promotion for the 'Avatar: The Way Of Water' screening at AMC Disney Springs has resulted in 85% sold out seats, that too, in less than 24 hours.
He claimed that 85% of the seats for the 'Avatar: The Way Of Water' screening at the AMC Disney Springs were sold out in less than 24 hours after a 'single tweet.'
Another example for @elonmusk that shows Twitter is such a powerful communications vehicle. A single tweet was the ONLY promotion of my Dec 18 movie screening of Avatar at AMC Disney Springs 24 in Orlando. It’s now 85% sold out, in less than 24 hours, three weeks in advance. Wow! pic.twitter.com/os6kLpHutX
Musk replied graciously, saying Twitter is a platform where opinion leaders reside.
See Also: How To Buy AMC Stock Right Now
Why It's Important: Since Musk took over Twitter, the microblogging site has faced a barrage of changes and public scrutiny. From becoming a hotbed of verified but fake accounts to Musk's "dumb things" statement, Twitter is going through tons of chaos.
Of the many changes, the highly-publicized $8 Twitter Blue subscription relaunch has once again been postponed as Musk and the team works on ensuring they can stop impersonations.
Price Action: AMC stock closed 0.69% higher at $7.32 on Tuesday, according to Benzinga Pro data.
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