AMC Entertainment (NYSE: AMC) has experienced a challenging start this year, with shares of the movie theater chain declining by almost 30%. This decline is likely attributed to recent dilutive measures undertaken by the company in recent weeks.On January 18, Citigroup revised its price target for AMC stock from $5.75 to $4.10 while retaining its “sell” rating. This adjustment follows Citigroup’s earlier price target reduction from $15.50 to $4.75 in September, subsequently raising it back to $5.75 in Novem ...

The social media platform Reddit has meticulously outlined plans to initiate its initial public offering (IPO) in March, progressing with a listing under consideration for over three years.Having submitted a confidential IPO filing in December 2021, Reddit aims to publicly file its documents in late February, commence its roadshow in early March, and finalize the IPO by the conclusion of March, as reported by Reuters on January 18.The company, headquartered in San Francisco and valued at approximately $10 b ...

Shares of AMC Entertainment Holdings Inc. have hit a series of record lows recently, a far cry from the heady days of 2021 that turned the movie-theater chain into a meme-stock phenomenon. AMC shares AMC, -2.26% continued their slide Wednesday and are on pace to extend their losing streak to six days. The stock is down 2.8% and trading around $4.09, putting it on pace for another record-low close. AMC shares also hit a new all-time intraday low of $4.01 Wednesday, according to Dow Jones Market Data, based o ...

On National Popcorn Day - Friday, January 19 - AMC moviegoers can enjoy unlimited free refills on any size popcorn. Guests can also purchase an exclusive, limited edition AMC Loungefly popcorn crossbody bag, sold in theatres while supplies last. (Photo: Business Wire)On National Popcorn Day - Friday, January 19 - AMC moviegoers can enjoy unlimited free refills on any size popcorn. Guests can also purchase an exclusive, limited edition AMC Loungefly popcorn crossbody bag, sold in theatres while supplies last ...

Core Viewpoint - AMC Entertainment Holdings Inc. shares are experiencing a significant decline, reaching a record intraday low and poised for a record-low close [1] Stock Performance - AMC's stock is down 6%, extending its losing streak to five days, which is the longest since the five-day streak that ended on January 5 [1] - The stock is currently trading around $4.29, marking a new all-time intraday low based on data available since December 18, 2013 [1]

The short sellers have gotten the last laugh—again. That’s the lesson to draw on this, the third anniversary of the meme-stock frenzy that captured retail investors’ attention in January 2021. That was the month, you may recall, in which retail investors—flush with pandemic stimulus money—engineered a huge short squeeze on stocks such as GameStop GME. It skyrocketed more than 2,000% in that month alone. Short... Master your money. Subscribe to MarketWatch. Get this article and all of MarketWatch. ...

Following last year’s big rally, the stock market is off to a slow start in 2024. After two weeks the S&P 500 index is essentially flat. That’s not enough time to make a trend and many stocks have still been sitting on large gains for the past 12 months.But not all stocks enjoyed the bullish run-up. Instead, they missed out on the market rally that enriched so many. Today they continue to fall. A number of them just hit new 52-week lows. Yet that’s okay. Buying good companies at great prices is how you crea ...

AMC (NYSE: AMC) stock price has had a tough start of the year. It has crashed by more than 25% year-to-date as some investors worry about its future. Some are even wondering whether the theatre chain will survive this year. This year’s losses mean that the stock has plunged by more than 89% in the past 12 months, giving it a market cap of just $1.15 billion.Is this fear warranted?Copy link to sectionAMC Entertainment, which became a hit during the meme stock mania, has become a hated company with a short in ...

Shares of AMC Entertainment Holdings Inc. were down 1.5% Friday, putting the stock on pace to continue its run of record lows and extend its losing streak to four days.  The slide would be AMC’s AMC, -2.11% longest since a five-day losing streak that ended Jan. 5. AMC’s stock, which is trading at around $4.63, has hit a series of record-low closes recently and ended Thursday’s session at an all-time low of $4.70. The stock’s recent performance reflects the demise of the movie-theater chain’s meme-stock s ...

AMC Entertainment shares sank for a third day in a row another wave of equity from the debt-laden cinema chain hit the market. Earlier this month, AMC  said it was issuing more equity to clear US$22.5m of high-yielding bonds and PIK notes. Since the height of the meme stock frenzy of 2021 when AMC was among a clutch of stocks that soared in a battle between retail investors and hedge funds, its value has slumped by 99%. That is despite a recovery in box office takings following the end of the pandemic, incl ...