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Analysts: AMC Theatres bankruptcy likely

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AMC

(CNN) -- Some financial analysts think AMC Theatres will likely file for bankruptcy.

The world's largest movie theater chain was already struggling before the coronavirus outbreak.

AMC Theatres have been closed since March 16.

Some Wall Street analysts believe the earliest the chain could reopen would be August. They estimate AMC will be completely out of money by then.

The theater chain has already told landlords across the country it will stop paying rent in April.

MKM Partners Analysts told Variety the company probably has enough money to survive through June or July but not further.