NEW YORK, July 18, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (NASDAQ: AMCX) will host a conference call to discuss results for the second quarter 2024 on Friday, August 9, 2024 at 8:30 a.m. Eastern Time. AMC Networks will issue a press release reporting its results before the market opening. The conference call will be webcast live via the company’s website at investors.amcnetworks.com. To access the conference call via telephone, please pre-register for the call to obtain the dial-in number and a passcode ...

CEO Adam Aron has made AMC Theaters (NYSE:AMC) stock the most controversial stock you can own. Since the COVID pandemic began in early 2020, he has fought to keep the movie theater chain afloat. He has sold stock, sold bonds, and innovated on many levels. He has kept the doors open.But the struggle hasn’t been worth it to investors. AMC has lost 88% of its value over the last five years. It was trading at about $5.30 per share on July 15.The Truth About AMCStrip away the hype and AMC is in the business of r ...

When it comes to meme stock news as of late, Keith Gill has certainly been the driver of most investor attention to this space. Various meme stocks have surged on Roaring Kitty’s involvement in simply noting his trades. Much of this sentiment makes sense when one harkens back to the price action of 2021 and the incredible meme mania we saw then.That said, many top meme stocks have since lost their luster and momentum, falling once again on strong short-seller interest. The question is whether retail investo ...

The glory days of the meme-stock phenomenon appear to be over. The heady days of 2021 when these names skyrocketed 30 or 40 times and stayed elevated for many months at a time appear to be long gone. On June 2, the leader of the meme-stock movement, Keith Gill, aka Roaring Kitty, revealed that he had $211 million of GameStop (NYSE:GME) stock and options and then scheduled an appearance on YouTube to discuss the company’s outlook. The shares subsequently spiked to around $46.50 from their previous level of a ...

Shares of AMC Entertainment (NYSE:AMC) stock are in the spotlight following a Schedule 13G update from Vanguard.As of the end of the first quarter, Vanguard owned 24.80 million shares of AMC stock. The investment services company revealed in a filing that it now owns 30.51 million shares as of June 28, meaning that it increased its position by 5.71 million shares or by 23%. Its position is equivalent to a 10.32% ownership stake.There is a caveat here, however. Vanguard is one of the world’s largest exchange ...

It’s crucial to steer clear of potential pitfalls that could sink your portfolio. With the S&P 500 and Nasdaq posting impressive year-to-date gains, it’s tempting to get caught up in the bullish fervor. However, beneath the surface, there are warning signs that shouldn’t be ignored.In the near-term, the market’s resilience in the face of elevated interest rates and global economic weakness is noteworthy. Consumer spending and business investment remain strong, supporting a steady, if unspectacular, GDP grow ...

Meme stocks to sell continue sounding the alarm bells this year.However, this year’s explosiveness in meme stocks is notably subdued compared to the original retail trading frenzy. Hence, the stock market seems to have evolved, and smart money is now approaching these stocks with greater caution and strategy.Moreover, according to Vanda Research, inflows into meme stocks are substantially lower compared to 2021, pointing to a steep decline in speculative interest. Also, most meme stock companies are struggl ...

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 ...

Core Insights - Sight & Sound is partnering with Fathom Events to broadcast a live production, DANIEL — Live!, into movie theaters nationwide for the first time, aiming to reach audiences who cannot attend in person [1][3] - The production will be broadcast live from Lancaster, PA on August 30, 2024, featuring a story about Daniel and his friends facing challenges in Babylon [1][2] Company Overview - Sight & Sound is a storytelling company that has inspired over 30 million people since its inception in 1976, focusing on true stories of redemption from scripture and history [4] - The company operates two live-theater venues and has welcomed over a million visitors annually, with a recent expansion into online streaming and feature films [5] Collaboration Details - Previous collaborations between Sight & Sound and Fathom Events include successful theatrical releases, such as the family Christmas film "I Heard The Bells," which grossed over $5.6 million at the box office in 2022 and 2023 [3] - Fathom Events is a leading distributor of content to movie theaters in North America, operating the largest cinema distribution network [6]