AMC Entertainment (AMC) closed the most recent trading day at $4.81, moving -1.03% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.25%. Elsewhere, the Dow saw an upswing of 0.77%, while the tech-heavy Nasdaq depreciated by 0.79%.Heading into today, shares of the movie theater operator had lost 3.95% over the past month, lagging the Consumer Discretionary sector's gain of 0.82% and the S&P 500's gain of 3.59% in that time.The investment community will be p ...

As the stock market grows, savvy market watchers must know that all that glitters is not gold. In the landscape of soaring indices, certain stocks represent ticking time bombs, laden with issues that could lead to significant declines when the market cools off.The market’s current exuberance masks underlying vulnerabilities in several sectors, where companies face critical challenges ranging from operational inefficiencies to overstretched valuations. General market trends or temporary catalysts may have bu ...

Meme stocks are essentially shares of a company that have gained immense popularity through social media. Keith Gill, better known as “Roaring Kitty” on social media, helped start this craze, which became amplified through the subreddit r/wallstreetbets.This led to the price of meme stocks exploding before subsequently dying down. This has happened again quite recently, with Gill’s return to social media. Meme stocks that were thought to be dead or dying suddenly showed signs of life. Because meme stocks te ...

The Federal Reserve is yet to cut interest rates and make capital cheaper. FUD fund futures project the central bank will cut rates two times this year, with the first one in September, which could influence decisions on meme stocks to sell.But even if that happens, the market would get a signal that the economy needs to be stimulated even though inflation is off the 2% target. Historically, such an indicator would make the market more volatile in the short run. And which asset is inherently volatile alread ...

AMC Entertainment (NYSE:AMC) is among the top global theater chains many investors have ignored for its underlying business model. Indeed, most retail investors in this name are investing not for the company’s fundamental growth prospects or its outlook moving forward. Those are rather negative. It’s the company’s upside potential as a meme stock, and its corresponding short-squeeze potential, that drives most of the discussion around this name.While AMC has certainly seen many near-term surges over the pas ...

With the current bullishness in the stock market and an anticipated sustained rally, it’s best to steer clear of unstable stocks to sell.Investors can effectively redirect their focus toward fruitful investments by offloading risky assets. Moreover, many investing pundits believe the stock market is currently littered with overhyped stocks. Hence, rotating out of overhyped stocks to sell could ensure portfolio stability ahead of a sustained bull run.These three stocks to sell offer limited upside, marked by ...

Let me be clear from the get-go. There may be an opportunity in embattled theater operator AMC Entertainment (NYSE:AMC). Yes, as a long-term investment, AMC stock appears risky. However, because of the meme-trading sentiment, the resilience of its day-to-day price action opens the door to possible profit scalping.Investors should probably avoid extended exposure to AMC stock. Why? Experts don’t like the business. Right now, Wall Street analysts rate shares a consensus moderate sell. This assessment breaks d ...

NEW YORK, June 17, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (Nasdaq: AMCX) (the “Company” or “AMC Networks”) today announced the pricing of $125 million aggregate principal amount of 4.25% convertible senior notes due 2029 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). In connection with the offering of the notes, the Company has granted the initial purchasers an option to ...

Shares of AMC Networks plunged more than 35% Monday as the company said it plans put up for sale $125 million-worth of convertible senior notes due in 2029 in a private offering, plus additional notes for up to $18.75 million. The public company controlled by the Dolan family and run by Kristin Dolan expects to use the net proceeds “for general corporate purposes, which may include the repayment of indebtedness.” Notes are debt securities like bonds but have a shorter term. The shares, which closed at $10. ...

ToplineThe staggeringly successful release of Disney’s “Inside Out 2,” a Pixar animated film, helped to send four million people to AMC movie theaters over the weekend, the chain’s CEO said Monday, making the two best days of the year so far for the company—despite a disappointing start to 2024 at the box office.A scene from "Inside Out 2." © 2023 Disney/Pixar. All Rights Reserved. Key FactsMore than one million people went to a movie at the chain each day on Friday, Saturday and Sunday for a total weekend ...