Monday was an excellent start to the week for AMC Entertainment (NYSE:AMC), with AMC stock during over 8% because of strong weekend box office sales. Fans of Despicable Me lined up for its fourth sequel, driving $230 million in gross box office sales worldwide and $122 million in the U.S. This success saw both ticket and merchandise sales at AMC theaters surge over the previous year.In the past weeks, AMC has been quite volatile. Currently, the company has a $1.6 billion market cap, and AMC stock is trading ...

In the latest market close, AMC Entertainment (AMC) reached $5.46, with a -0.18% movement compared to the previous day. This change lagged the S&P 500's 0.07% gain on the day. Meanwhile, the Dow lost 0.13%, and the Nasdaq, a tech-heavy index, added 0.14%.Shares of the movie theater operator witnessed a gain of 16.14% over the previous month, beating the performance of the Consumer Discretionary sector with its loss of 2.27% and the S&P 500's gain of 4.34%.Market participants will be closely following the fi ...

LANCASTER, Pa., July 09, 2024 (GLOBE NEWSWIRE) -- Following a decade of taking their spectacular theater experience from the stage to the screen, Sight & Sound is partnering with Fathom Events to do something Sight & Sound has never done before — broadcast a production LIVE into movie theaters nationwide. "We know not everyone can come to us, so we want to take the show to them," says Katie Miller, Director of Brand Development. "Our hope is to continue creating experiences that extend beyond our stage and ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

JamesBreyInvesting in high-yield stocks, if done properly, is one of the surest paths to generating attractive long-term total returns as well as building a large passive income stream that can facilitate an accelerated retirement timeline. This is because if you live off of dividends rather than capital appreciation, you never have to sell shares to finance your retirement lifestyle and therefore have a much more consistent and predictable return stream and can even be agnostic to volatility in the sto ...

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 ...

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.  ...

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 ...

Group 1 - The article discusses the potential impact of an upcoming recession on Real Estate Investment Trusts (REITs), suggesting that most REITs may actually benefit from a recession due to their structural resilience [2][10] - REITs are characterized as recession-resistant because they typically earn cash flow from long-term leases and maintain low debt levels, making them less vulnerable to economic downturns [3][5] - Historical data indicates that REITs have outperformed the broader stock market during recessions, generating positive returns in late cycles and only experiencing slight declines during downturns [7][9] Group 2 - Current valuations of REITs are already discounted, trading at their lowest levels in over a decade relative to the broader market, primarily due to rising interest rates [10][12] - The expectation is that a recession will lead to interest rate cuts, which would alleviate the current fears surrounding high interest rates and positively impact REIT valuations [14] - The article concludes that a minor GDP decline is unlikely to cause significant drops in REIT share prices; instead, it may trigger a rally as the market narrative shifts positively towards REITs [15][16]

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 ...