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AMC Entertainment (AMC) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Zacks Investment Research· 2024-02-14 00:16
The latest trading session saw AMC Entertainment (AMC) ending at $4.49, denoting a -1.54% adjustment from its last day's close. This change lagged the S&P 500's 1.37% loss on the day. Elsewhere, the Dow saw a downswing of 1.35%, while the tech-heavy Nasdaq depreciated by 1.8%.The the stock of movie theater operator has by 0% in the past month, lagging the Consumer Discretionary sector's gain of 4.58% and the S&P 500's gain of 5.1%.The upcoming earnings release of AMC Entertainment will be of great interest ...
AMC shares up more than 5%, set for longest winning streak since December
Market Watch· 2024-02-12 19:55
Shares of AMC Entertainment Holdings Inc. are up 5.9% Monday, putting the stock on pace to extend its winning streak to three days, its longest since a four-day streak that ended on Dec. 28, 2023. The stock is currently up four of the last five days, and short interest as a percentage of AMC’s AMC, +4.17% public float of shares is 10.9%. Related: AMC’s stock rallies more than 10% for biggest gain since August The movie-theater chain and original meme stock has hit a series of record lows recently but ral ...
Even AMC Stock's Die-Hard Investors Are Losing Interest as Challenges Persist
InvestorPlace· 2024-02-12 18:14
Few companies have a more loyal following than AMC Entertainment (NYSE:AMC). The movie theater chain is consistently one of the most popular stocks among social media communities. Even though AMC stock hasn’t been able to come close to the short squeeze momentum it experienced in 2021 and 2022, loyal investors have still stood by it. AMC’s fanbase is so loyal, in fact, that commentators like Charles Gasparino have compared it to a cult. Gasparino has cited retail investors’ unfaltering dedication to the sto ...
TOP Financial's stock slides after Hong Kong-based company saw huge gains
Market Watch· 2024-02-12 13:57
Shares of TOP Financial Group Ltd. fell 12.2% in premarket trades after ending Friday’s session up 64.8% — the biggest daily percentage gain since April 28, 2023 when the stock rose 441.1%. The stock surged on trading volume of 72.63 million shares Friday, well above its 65-day trading volume of 1.26 million shares, and was halted for volatility during the session. On Monday morning, more than 500,000 shares changed hands. Short interest as a percentage of TOP Financial’s TOP, +64.83% public float of sha ...
3 Meme Stocks to Buy on the Dip: February 2024
InvestorPlace· 2024-02-11 20:09
In the beginning, meme stocks to buy pitted the bulls against the bears. The market was without form and void of the knowledge of social media. That is until the hedge funds fooled around and found out.However, those days seem to be long gone. Sure, you will always find people willing to speculate on popular, social-media-driven enterprises. But the zenith of the wild movement appears to be firmly in the rearview mirror. Still, that’s not going to stop folks from trying to get something going.If I’ve learne ...
National CineMedia Announces Gold House as Official Non-profit Partner of the 2024 Cannes Lions Young Lions Competition
Businesswire· 2024-02-07 13:00
NEW YORK--(BUSINESS WIRE)--National CineMedia (NCM), the US Representative for the Cannes Lions International Festival of Creativity and the largest cinema advertising platform in the country, announces Gold House, the leading cultural ecosystem that unites, invests in, and champions Asian Pacific creators and companies, as the official non-profit partner for the 2024 US Young Lions competition. Gold House is featured in the 2024 Young Lions competition brief which is available to young professionals bor ...
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. ...