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AMC Entertainment hits new low as Swift's Eras record not enough to slow stock's decline
Proactive Investors· 2024-01-11 08:46
AMC Entertainment Holdings (NYSE:AMC) Inc sank 2.6% to a new all-time low of $4.91 on Wednesday, marking almost a 31% decline over the past month. It came in the same week that the company announced "unprecedented" performance of 'Taylor Swift - The Eras Tour' as it became the highest-grossing concert film in box office history. The film is distributed by AMC's distribution arm. In November the movie theatre chain raised $350 million in November $7.29 per share, taking fundraises in the year to $865 million ...
AMC's stock on pace for another record-low close and set to extend losing streak to two days
Market Watch· 2024-01-10 20:39
Shares of AMC Entertainment Holdings Inc. are on pace for another record-low close Wednesday, and are set to extend their losing streak to two days. The movie-theater chain and original meme stock AMC, -3.08% is down 1.9% and is trading around $4.95, which would be an all-time low, according to Dow Jones Market Data, based on available data going back to Dec. 18, 2013. ...
Original meme stock AMC on pace for another record-low close
Market Watch· 2024-01-09 20:06
Shares of AMC Entertainment Holdings Inc. are down 3.1% Tuesday, putting the stock on pace for another record-low close.  The stock is trading around $5.13, below its record-low close of $5.17 on Jan. 5. Related: AMC’s stock extends losing streak to five days, hits another record-low close ...
Can Unselfish Love Heal Our Country? The New Film "A Case For Love" Looks to Answer That Question - in Theaters Nationwide on January 23, 2024.
Prnewswire· 2024-01-09 15:30
Can Unselfish Love Heal Our Country? "A Case For Love" Looks to Answer That Question | in Theaters Nationwide Jan 23. Post this "A Case For Love" is a documentary that examines whether or not love, specifically unselfish love, is the solution to the extreme societal and political divide facing the U.S. Now, more than ever, we live in a divided society. Many have moved into tribal corners, seeing the world from an "us versus them" point of view. This documentary focuses on everyday people from across the ...
AMC's stock set to snap five-day losing streak
Market Watch· 2024-01-08 20:40
Shares of AMC Entertainment Holdings Inc. are on pace to snap a five-day losing streak and register their biggest single-day percentage gain in over a month. AMC’s stock AMC, +2.51% is up 3.1% Monday, outpacing the S&P 500’s SPX gain of 1.2%, and is set for its biggest single-day percentage gain since Dec. 4, when it gained 9.2%. AMC shares are also bouncing back from record lows last week, reflecting the demise of its meme-stock status. ...
AMC CEO sends Taylor Swift ‘eternal gratitude' as ‘Eras Tour' concert film makes history
Market Watch· 2024-01-08 14:45
AMC Entertainment Holdings Inc. CEO Adam Aron has expressed the movie-theater chain’s “eternal gratitude” to Taylor Swift as the singer-songwriter’s concert film breaks another record.Variety reported Sunday that “Taylor Swift: The Eras Tour” has earned more than $261.6 million globally, making it the highest-grossing concert and documentary film in history, surpassing “Michael Jackson’s This Is It.”“Now at $261.6 million globally, AMC’s first ever released film, TAYLOR SWIFT | THE ERAS TOUR just became the ...
National CineMedia, U.S. Representative for Cannes Lions International Festival of Creativity, Launches the 2024 Young Lions Competition
Businesswire· 2024-01-08 14:00
NEW YORK--(BUSINESS WIRE)--The U.S. Representative of the Cannes Lions International Festival of Creativity and largest cinema advertising platform, National CineMedia (NCM), announces the launch of the 2024 U.S. Young Lions competition. Registration begins today, January 8th, and is open through February 2nd for advertising, marketing and communications industry professionals age 30 or under. The categories for the 2024 competition are Digital, Film, Media, PR, and Print and the competition runs from Febru ...
2 Of My Favorite REITs For 2024
Seeking Alpha· 2024-01-08 13:05
tadamichi I often feel pressured to find new investment opportunities that I could present here on Seeking Alpha. I know that many of you have kept following my articles for years because there's always something new and exciting to learn about in the vast world of REITs (VNQ). But the reality is that there are times when simply sticking to what you already own and adding more capital to those picks is the best strategy. That's the case today. We have worked hard to cherry-pick the REITs that we current ...
3 Meme Stocks to Sell in January Before They Crash and Burn
InvestorPlace· 2024-01-08 05:58
The U.S. economy is experiencing a surprising turnaround in inflation, cooling more quickly than expected in late 2023 after a rapid climb in 2021 and 2022. This disinflation is attributed to weaker goods prices and moderating service costs, particularly in travel. This backdrop has led to this list of meme stocks to sell.Despite lingering risks, including geopolitical issues, the trend suggests a potential continuation of moderation, possibly leading to lower interest rates from the Federal Reserve in 2024 ...
TAYLOR SWIFT | THE ERAS TOUR Concert Film Is Now the Highest Grossing Theatrical Release in History Among Concert and Documentary Films
Businesswire· 2024-01-08 00:12
LEAWOOD, Kan.--(BUSINESS WIRE)--AMC Theatres Distribution and AMC Entertainment® (NYSE:AMC), the largest theatrical exhibitor in the United States and the world, is proud to announce that after an unprecedented domestic box office performance, and following a strong opening week in China, TAYLOR SWIFT | THE ERAS TOUR concert film is officially the highest grossing film in box office history among concert films and documentary films. TAYLOR SWIFT | THE ERAS TOUR concert film is distributed by AMC Theatres Di ...