Workflow
AMC(AMC)
icon
Search documents
From Pump to Dump: 3 Meme Stocks Headed for a Massive Crash
Investor Place· 2024-06-30 12:00
Meme stocks are some of the most dangerous investments to make right now. In my view, now may be a good time to sell many top meme stocks that have gone on big runs. Of course, investors can always put some “fun money” into these stocks as high-risk gambles. However, I would not recommend chasing the current meme stock rally. Most meme stocks have legacy underlying businesses that are bleeding cash and have negative growth. These companies are unlikely to provide long-term returns. In fact, they’re more lik ...
Can AMC Escape Penny-Stock Hell in 2024?
Investor Place· 2024-06-29 13:45
AMC Entertainment (NYSE:AMC) stock has spent all but 14 days trading in penny-stock hell so far this year. Except for a couple of short bursts like when it jumped 135% in two days trading, meme-stock investors hoping for a 2021-style revival aren’t likely to get their wish. Although I’m the last person on earth that would write something positive about AMC stock — I recently called it “radioactive” — part of what I do as a writer is to examine possible events that could turn a stock from toxic to must-own.  ...
Investor Warning: Why AMC Is a Meme Stock to Avoid at All Costs
Investor Place· 2024-06-28 10:00
Don’t be fooled by the return of meme stocks. It’s curtains for AMC Entertainment (NYSE:AMC) stock. In mid-May, AMC jumped 135% higher in less than a week as investor interest in meme stocks was rekindled. However, just as quickly as AMC’s share price rose it fell again. Once again, investors who took the bait got burned. Year-to-date, AMC stock is down 25%. Over the last 12 months, the company’s share price has plunged 87%. Trading at less than $5 per share, AMC is now a penny stock and one that should be ...
What Will Happen To REITs In A Recession?
Seeking Alpha· 2024-06-27 11:45
Ahmad Bilal/iStock via Getty Images In a recent market update, we explained that we might be headed into a recession. This has led many of you to ask us how this will affect REITs (VNQ). Generally, a recession is bad, of course. REITs benefit from a strong economy and therefore, all else held equal, a recession would hurt most REITs. But here's my reasoning for why I think that a coming recession will be beneficial for most REITs: 1) REITs are recession-resistant: Most REITs earn cash flow from long-ter ...
AMC Stock's Siren Song: Resist the Call of This Meme Play in 2024
Investor Place· 2024-06-26 10:15
AMC Entertainment (NYSE:AMC) has certainly seen its fair share of upside during recent meme stock rallies. In fact, during this year's recent surge, AMC stock soared as speculators piled into this beaten-down name. Much of this activity was tied to fellow meme stock GameStop (NYSE:GME), and the re-entrance of Keith Gill and retail investors into the name. However, aside from highly speculative factors, there aren't really any fundamental catalysts that suggest this is a stock worth buying right now. So, for ...
Virtual Production Market Set for Significant Expansion Driven by Technological Innovations & Shifts in Media Consumption Habits
Newsfilter· 2024-06-25 17:00
PALM BEACH, Fla., June 25, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The experts agree that through 2031 the Global Virtual Production Market should continue to grow at an increasing rate. This robust expansion is driven by the escalating demand for realistic and immersive visual content in the film and gaming industries, coupled with advancements in technologies such as real-time rendering, motion capture, and augmented reality. Additionally, the film industry's shift towards remote and vir ...
AMC Stock: AMC Entertainment Is in Talks to Cut Its Debt
Investor Place· 2024-06-24 18:33
AMC Entertainment (NYSE:AMC) is a favorite of meme stock investors and moviegoers — and for good reason. The theater chain’s hundreds of locations have provided a nostalgic pastime for many and the business does appear to be rebounding from pandemic lows. Unfortunately, though, AMC stock hasn’t played ball. Despite a brief surge tied to recent meme mania, shares have headed consistently lower, at least in recent weeks.Today, AMC stock is down almost 2% in early afternoon trading, continuing this trend. Howe ...
AMC Stock Price Prediction 2025: What the Sell-Side Is Saying Now
Investor Place· 2024-06-21 11:00
AMC Entertainment (NYSE:AMC) has been rangebound as of late, but don’t assume that AMC stock is just sitting tight for the next wave of speculative frenzy about meme stocks. Sure, anything’s possible, including another social media blitz by famed meme trader Keith “Roaring Kitty” Gill.However, instead of hoping for “meme mania” to send shares surging, you may want to review and take heed of the Wall Street analyst community’s current take on the movie theater operator’s shares.Sell-side analysts don’t alway ...
Why Institutional Investors Are Divided on AMC Stock's Future
Investor Place· 2024-06-21 10:10
Core Viewpoint - AMC Entertainment's stock has experienced volatility following a recent meme stock rally, with significant private equity buying indicating potential confidence in the company's future despite ongoing challenges in the movie industry [1][2]. Group 1: Stock Performance and Investor Activity - AMC stock surged 32% in one day but subsequently lost more than one-third of those gains, stabilizing at a lower level [1]. - Hedge funds and mutual funds have been actively purchasing AMC shares, with Quadrature Capital quadrupling its holdings to 818,077 shares, increasing its investment to $5 million [2]. - Vanguard Group acquired nearly 6.6 million shares, raising its stake to $123.5 million, while Virtu Financial and Seven Eight Capital established new positions valued at $202,000 and $1 million, respectively [2]. Group 2: Market Challenges - The movie industry is facing difficulties, with AMC needing a strong summer box office to drive attendance, which is currently lacking [4]. - Historical trends show a decline in blockbuster films, with AMC struggling to fill seats as attendance remains below pre-COVID levels, with a 23% drop in movie ticket sales year-over-year [5]. Group 3: Shareholder Dilution and Institutional Confidence - AMC has significantly diluted its shareholders over the years, with over 295 million shares outstanding, limiting the impact of recent institutional investments [3]. - Despite initial support from private equity, Quadrature Capital reduced its holdings to 420,186 shares, indicating a potential decrease in confidence among institutional investors [6].
AMC Entertainment (AMC) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2024-06-20 22:50
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 ...