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Here is Why AMC May Announce a Stock Split This Year
24/7 Wall Street· 2024-03-23 13:17
Here is Why AMC May Announce a Stock Split This Year Photo by Bruce Bennett / Getty Images News via Getty Images As the largest movie theater chain in the world, AMC Entertainment Holdings, Inc. (NYSE: AMC) has had more roller-coaster leaps and dives than an Indiana Jones movie, with numerous entertaining and infuriating events at each junction for shareholders. Due to current market conditions and the results of business decisions made by management over the past few years, there are a number of reasons ...
AMC Entertainment (AMC) Stock Falls Amid Market Uptick: What Investors Need to Know
Zacks Investment Research· 2024-03-18 23:20
In the latest trading session, AMC Entertainment (AMC) closed at $4.39, marking a -1.13% move from the previous day. This change lagged the S&P 500's 0.63% gain on the day. Meanwhile, the Dow gained 0.2%, and the Nasdaq, a tech-heavy index, added 0.82%.Heading into today, shares of the movie theater operator had lost 8.07% over the past month, lagging the Consumer Discretionary sector's loss of 1.33% and the S&P 500's gain of 1.76% in that time.Market participants will be closely following the financial res ...
National CineMedia, Inc. Reports Results for Fiscal Fourth Quarter and Full Year 2023
Businesswire· 2024-03-18 20:02
CENTENNIAL, Colo.--(BUSINESS WIRE)--National CineMedia, Inc. (NASDAQ: NCMI) (“the Company” or “NCM”), the managing member of National CineMedia, LLC (“NCM LLC”), the operator of the largest cinema advertising platform in the U.S., today announced its results for the fourth quarter and full year 2023, ended December 28, 2023. “In 2023, NCM successfully re-established the importance of cinema for best-in-class advertisers, with movies driving the cultural conversation and the box office reaching its highes ...
7 Penny Stocks to Sell in March Before They Crash & Burn
InvestorPlace· 2024-03-18 07:44
Investor enthusiasm for risk continues to increase as the stock market notches up fresh highs. Hence, amidst the bullishness, it’s an opportune time to offload penny stocks to sell and optimize your portfolio.The bullishness in the market reflects a major shift from the cautious stance prevalent in the past couple of years. Yet, despite this ‘risk on’ environment, not all market segments have benefitted equally. AI has been a major theme in the stock market in the past year, propelling associated penny stoc ...
3 Meme Stocks That You Still Need to Sell (That Means Now)
InvestorPlace· 2024-03-15 23:14
The speculative juices are flowing at full force right now. The cryptocurrency market is reaching new heights, and all sorts of new coin projects are taking off. On the equity side of things, quantum computing, AI, and semiconductors are among the flourishing growth sectors.Investors could be forgiven for thinking that we’re back in 2021, giving the speed of gains across many asset classes. And 2021, after all, was famous for its short squeezes and meme stock mania.However, as we have seen over the past few ...
AMC Theaters Add ‘Zoom Rooms' Amid Remote Work Transformation
PYMNTS· 2024-03-14 16:24
Zoom could be coming soon to a theater near you.The video conferencing platform has launched a partnership with AMC Entertainment to allow businesses to hold remote meetings and events at AMC’s multiplexes.“Zoom Rooms at AMC enables companies with dispersed workforces and customer bases to bring people from different locations together at the same time for cohesive hybrid events and meeting experiences,” the companies said in a Thursday (March 14) news release.The program is available at theaters in New Yor ...
Zoom Rooms at AMC Is Now Live at Several AMC Locations Across the Country as AMC Theatres® and Zoom Redefine Interactive Business Meetings and Hybrid Events
Businesswire· 2024-03-14 10:45
LEAWOOD, Kan.--(BUSINESS WIRE)--AMC Theatres® (NYSE:AMC), the largest theatrical exhibitor in the United States and the world, and Zoom Video Communications, Inc., today announced that Zoom Rooms at AMC is now available in eight major markets around the country. Zoom Rooms at AMC enables companies with dispersed workforces and customer bases to bring people from different locations together at the same time for cohesive hybrid events and meeting experiences. The spaces combine Zoom’s collaboration platfo ...
National CineMedia (NCM) Launches New Offerings to Transform Cinema into a Modern, Full-Funnel Media Solution
Businesswire· 2024-03-13 13:00
NEW YORK--(BUSINESS WIRE)--NCM, the largest cinema advertising platform in the US, today announced its new offerings for the 2024-25 upfront, providing brands with full-funnel solutions to reach sought-after audiences, including programmatic buying and self-serve automation. NCM is also leveraging its data-driven approach and deep understanding of moviegoers to provide business outcome guarantees for select advertisers in their upfront deals, ensuring a return on their ad spend. In addition to these industr ...
AMC Stock Alert: AMC Expands Popcorn Deal into Kroger, Publix Stores
InvestorPlace· 2024-03-12 17:46
On March 11, AMC Entertainment (NYSE:AMC) announced that it will be making its signature branded popcorn available in Publix and Kroger (NYSE:KR) grocery stores across the nation and online at Amazon.com. Unfortunately, this news is not helping AMC stock pop higher today. Shares are down nearly 2% today and down just about 6% for the past month. Let’s dive in and examine what investors need to know about this retail announcement — and what it means for AMC moving forward. What’s Happening with AMC Stock It ...
AMC Significantly Expands the Availability of its Popular Grocery Store Popcorn Through the Addition of Publix and Kroger Stores, and Amazon.com
Businesswire· 2024-03-11 17:09
LEAWOOD, Kan.--(BUSINESS WIRE)--AMC Theatres (NYSE:AMC), the largest theatrical exhibitor in the United States and the world, today announced that based on consumer demand for its ready-to-eat and microwave popcorn varieties, it is rapidly expanding distribution of its retail line of popcorn — more than doubling the national outlets offering these high-demand products. After close to a year of product availability exclusively at Walmart, AMC Theatres Grocery Popcorn is now available for purchase at several ...