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AMC Stock Fans Should Mark Their Calendars for Feb. 28
InvestorPlace· 2024-02-06 19:53
AMC Entertainment (NYSE:AMC) isn’t exactly having a good year. Shares of the company have fallen by over 30% thus far, led by a weak early 2024 box office. Earlier this week, AMC stock reached a new all-time and 52-week low of $3.58. However, it is having a good day and is up about 12% this afternoon.Moreover, a major catalyst is just around the corner. The movie theater chain has confirmed that it will report its fourth quarter and 2023 full-year earnings on Feb. 28 after the market close. On that day, AMC ...
AMC Entertainment Holdings, Inc. to Announce Fourth Quarter and Full Year 2023 Results and Host Earnings Webcast
Businesswire· 2024-02-05 21:15
LEAWOOD, Kan.--(BUSINESS WIRE)--AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC” or “the Company”), the largest theatrical exhibition company in the world, announced today that it will report its results for the fourth quarter and full year ended December 31, 2023, after the market closes on Wednesday, February 28, 2024. The Company will host an earnings webcast accessible through the Investor Relations section of AMC’s website at investor.amctheatres.com/. During the webcast the company will take quest ...
AMC Entertainment (AMC) Stock Just Hit a 52-Week Low
InvestorPlace· 2024-02-05 17:32
AMC Entertainment (NYSE:AMC) stock is plunging lower today, reaching a new 52-week and all-time low of $3.63 per share during intraday trading. One of the factors contributing to the price action is the weak 2024 box office caused by the lingering effects of the 2023 Writers Guild of America strike.According to CEO Adam Aron:Media scoffed at my Embiid tweet, but it's all true. AMC's share price is so frustrating. The 2023 actors/writers strikes have ruined the early 2024 box office. Almost all I think about ...
AMC's stock slides again as original meme stock hits another all-time low
Market Watch· 2024-02-05 16:59
Shares of AMC Entertainment Holdings Inc. hit another intraday low Monday and are on pace to register another all-time closing low.  The stock, which is down 7.8%, traded as low as $3.69, a new all-time intraday low, according to Dow Jones Market Data, based on available data dating back to Dec. 18, 2013. AMC shares AMC, -9.08% are also on pace for another record closing low, after ending Friday’s session at $4.01. ...
AMC's bonds find buyers while original meme stock slides
Market Watch· 2024-02-02 18:15
While AMC Entertainment Holding Inc.’s shares have been hitting new lows over the last two week, the company’s bonds have seen net buying activity, as the following chart from data solutions provider BondCliQ Media Services shows. “In the last two weeks the [AMC] bonds’ prices have really held their own while the stock has sold off,” a market source told MarketWatch. “It has been supported by better net buying over that period.” Most active AMC Entertainment Holdings issues with net customer flow (last ...
AMC shares slip below $4 as original meme stock hits all-time low
Market Watch· 2024-02-02 15:11
Shares of AMC Entertainment Holdings Inc. fell below $4 Friday to hit an all-time intraday low. The stock traded as low as $3.94 Friday, which is a new record intraday low, according to Dow Jones Market Data. The stock is currently trading at $4.01, putting it on pace for a new record closing low. AMC AMC, -0.73% shares hit an all-time record closing low on Thursday, when they ended the session at $4.05. ...
Ignore the Noise: 3 Meme Stocks EVERY Investor Should Pass On
InvestorPlace· 2024-02-01 20:53
No investor wants to end up holding the bag following a bad investment. Yet, that is a very common scenario for those who choose to invest in meme stocks. The allure of quick, easy and outsized gains has caused more pain than joy. The relatively new phenomenon of meme stocks gained notoriety during the pandemic. These days, it is less prominent than it was during the tail end of the easy money era.Again, many investors have been burned. Those investors who do not want to end up among their ranks should stee ...
KISS THE FUTURE – The Critically Acclaimed Documentary About a Creative Community Amid the Siege of Sarajevo, the Resilience of Its People Through Art and Music and the Tale of a Post-war Concert by U2 – to Receive a Theatrical Run Exclusively at AMC
Businesswire· 2024-01-31 19:00
LEAWOOD, Kan.--(BUSINESS WIRE)--AMC Theatres (NYSE:AMC), the largest theatrical exhibitor in the United States and FIFTH SEASON have reached a deal to release KISS THE FUTURE, a critically acclaimed documentary, that World Premiered at Berlinale and opened The Tribeca Film Festival in 2023, directed by Nenad Cicin-Sain, produced by Matt Damon, Ben Affleck, and Sarah Anthony, which will debut at select U.S. AMC locations beginning Friday, February 23, for a full theatrical run. The doc features Bono, The Edg ...
The Big Short of 2024: 7 Meme Stocks to Bet Against
InvestorPlace· 2024-01-30 11:40
Investor appetite for risky stocks has come back in recent months, but there are plenty of opportunities out there for bearish investors looking for meme stocks to short.Even as factors like cooling inflation and an expected lowering of interest rates by the Federal Reserve point to a full exit from the more challenging times for the stock market during 2022 and 2023, it’s not as if conditions have swung fully back to the environment experienced during the pandemic era.Interest rates may decrease, but not t ...
AMC Stock: Adam Aron Says That Hollywood Strikes Ruined the Early 2024 Box Office
InvestorPlace· 2024-01-29 21:26
Shares of AMC Entertainment (NYSE:AMC) stock are already down by over 30% this year, and CEO Adam Aron is very aware. On Sunday night, Aron posted this message on X (formerly Twitter):Media scoffed at my Embiid tweet, but it's all true. AMC's share price is so frustrating. The 2023 actors/writers strikes have ruined the early 2024 box office. Almost all I think about is rebuilding AMC. But: AMC based in Kansas City since 1920. So, "how 'bout those CHEEEEEFS." pic.twitter.com/2sTt2MCsBd— Adam Aron (@CEOAdam) ...