Shares of AMC Entertainment Holdings Inc. have recently hit a series of record lows, prompting the company's CEO, Adam Aron, to promise an explanation during the upcoming fourth-quarter earnings call scheduled for February 28th.

In a late Thursday post on social media platform X, Aron announced the date and time of the earnings report, stating that he will have "much to say" about the ongoing situation. He acknowledged the desire of many shareholders to hear his perspective on the matter, but he believes that the earnings call is the most appropriate platform to address the issue comprehensively. Aron urged listeners to tune into the webcast for his insights.

Following the stock's decline, AMC shares reached a record closing low of $3.67 on February 5th, highlighting the continued loss of the company's meme-stock status. However, there seems to be a modest recovery as the stock closed Thursday's session at $4.89. This stands in stark contrast to the boisterous heights of the meme-stock frenzy, when the company's shares soared to an all-time high of $339.05 on June 2nd, 2021, according to Dow Jones Market Data.

Over the past 52 weeks, AMC's shares have fallen by a significant 89.4%, far outpacing the performance of the S&P 500 index.

Last month, Aron expressed his frustration with the company's declining stock price. In a tweet, he emphasized his dedication to rebuilding AMC and described the recent slide in shares as "painful." Aron attributed the challenges faced by the movie-theater industry to the ongoing impact of the COVID-19 pandemic.

Meanwhile, AMC's rival, Cinemark Holdings Inc., experienced a 1.8% decline in premarket trades on Friday following the announcement of a wider-than-expected fourth-quarter loss. Cinemark shares, in contrast to AMC, have seen a 40.1% rise over the past 52 weeks.

Investors and market observers eagerly await AMC's forthcoming earnings report, hoping for clarity on the company's future prospects and strategies to navigate the challenges that lie ahead for the movie-theater industry.