After three years, meme stocks are in focus on Wall Street once moreWith one push of the 'send' button, we're back in 2021. Earlier this morning, Reddit (RDDT) user Roaring Kitty, who ignited the meme stock retail trader craze of 2021, posted on social media platform X for the first time in three years. Even though he didn't mention any specific stocks, GameStop Corp (NYSE:GME), AMC Entertainment Holdings Inc (NYSE:AMC), and even Robinhood Markets Inc (NASDAQ:HOOD) vaulted higher in response. GME is up 66.1 ...

Is it 2021 or 2024? Following a nearly 3-year hiatus, Keith Gill, known as Roaring Kitty, has returned to X (formerly Twitter) with a cryptic post: The post depicts a meme of a man with a video game controller leaning forward, which conveys interest being heightened or intensity being picked up. Gill is best known for spearheading the 2021 meme stock craze that saw both GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC) soar to unimaginable highs through posts and videos on X, Reddit (NYSE:RDDT) and YouTu ...

Adam Aron, the CEO of global movie-theater chain AMC Entertainment (NYSE:AMC), is a great cheerleader for the company. However, even Aron had to acknowledge a problem that impacted AMC Entertainment’s financial figures this year.As the company continues to bear the weight of massive debt, it’s wise to avoid AMC stock in 2024.                It’s understandable if meme-stock traders are looking for one more huge rally. Yet, prospective AMC Entertainment investors should look at the big picture. Frankly, the ...

It’s a complicated time for the U.S. economy. For retail companies that peddle non-essential and luxury goods, that’s not good news. This trend has been slowly building for months. In February 2024, consulting giant McKinsey & Company published a report on the state of consumer spending in the U.S., which revealed that many Americans were still exercising caution with their purchases. Now, months later, these trends have accelerated, as evidenced by steep declines in spending at companies such as Starbucks ...

AMC Entertainment (NYSE:AMC) stock is in the red today after the movie theater chain reported its first-quarter earnings. During the quarter, revenue tallied in at $951.4 million, beating the analyst estimate for $870.86 million but falling by 0.31% year-over-year (YOY). The company’s adjusted diluted loss per share was 78 cents compared to the analyst estimate for a loss of 79 cents and improving from a loss of $1.31 a year ago. It’s worth noting, as AMC pointed out, that there were 263.4 million weighted ...

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 ...

AMC Entertainment (AMC) reported $951.4 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 0.3%. EPS of -$0.78 for the same period compares to -$1.30 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $951.4 million, representing no surprise. The company delivered an EPS surprise of -25.81%, with the consensus EPS estimate being -$0.62.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stre ...

AMC Entertainment (AMC) came out with a quarterly loss of $0.78 per share versus the Zacks Consensus Estimate of a loss of $0.62. This compares to loss of $1.30 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -25.81%. A quarter ago, it was expected that this movie theater operator would post a loss of $0.70 per share when it actually produced a loss of $0.54, delivering a surprise of 22.86%.Over the last four quarters, the com ...

AMC Entertainment Holdings, Inc. (NYSE:AMC) Q1 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants John Merriwether - Vice President, Capital Markets and Investor Relations Adam Aron - Chairman and Chief Executive Officer Sean Goodman - Executive Vice President and Chief Financial Officer Conference Call Participants James Goss - Barrington Research Alicia Reese - Wedbush Securities Operator Greetings and welcome to the AMC Entertainment Holdings Inc. First Quarter 2024 Earnings Webcas ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q March 31, (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-33892 AMC ENTERTAINMENT HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delawa ...