AMC(AMC)
Search documents
3 Penny Stocks to Sell in January Before They Crash and Burn
InvestorPlace· 2024-01-04 10:20
Delving into realm of penny stocks, often leads investors into a volatile and risky terrain. Attractive for their low cost, these stocks are fraught with hazards making them a difficult choice for both newcomers and veterans in investing. Frequently the playground of scam artists and market manipulators, penny stocks require a discerning eye to avoid financial traps.Hence, it’s prudent to redirect attention from the unpredictable penny stock market to more stable investment avenues. Opting for established c ...
Bitesize: Meme stock AMC hits all-time low
Proactive Investors· 2024-01-04 09:44
About this content About Ian Lyall Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive's editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually. Prior to Proactive, Ian helped lead the business outpu ...
AMC Stock Just Hit a New All-Time Low
InvestorPlace· 2024-01-03 21:19
Dilution, dilution and dilution. That’s exactly what shareholders of AMC Entertainment (NYSE:AMC) have experienced in recent weeks, which has led to shares of AMC stock reaching a brand new all-time low of $5.55 today.In December, AMC announced that it had completed its $350 million at-the-market (ATM) offering. The offering consisted of 48 million shares at an average per share price of $7.29.The movie theater chain then turned around and used a portion of the proceeds to repurchase debt or exchange debt f ...
3 Popular Stocks to Avoid Like the Plague in 2024
InvestorPlace· 2024-01-03 19:50
Companies with high trading volume may not always be a great investment option. Many stocks to avoid are not the best picks for investors looking for long-term gains. Investors looking for robust companies with positive trajectories should consider more than just their popularity. Several stocks without a large trading volume amount offer investors great opportunities. Pay attention to other less flashy metrics for stocks, such as cash flow, revenue, net income, earnings per share and return on equity.The s ...
AMC on pace for another record low close, reflecting demise of ‘meme stock' status
Market Watch· 2024-01-03 16:29
Shares of AMC Entertainment Holdings Inc. are down 6.6% Wednesday and the stock is trading around $5.71, putting it on pace for another record low close.The stock’s current record closing low is $6.07, which was set on Dec. 21, 2023, Dow Jones market data show, citing available data back to Dec. 18, 2013. The decline in AMC’s AMC, -6.46% share price is a far cry from its meme stock heyday when it hit an all-time closing high of $339.05 on June 2, 2021.Three years ago the movie theater chain went from a bele ...
AMC Looks to Pay Down Debt With Several Exchange Agreements
InvestorPlace· 2024-01-03 16:18
AMC Entertainment (NYSE:AMC) stock has fallen by more than 20% during the past month. Part of this fall is attributable to general market weakness, while the other part is likely due to dilution.Yesterday, the movie theater chain released a Form 8-K documenting a debt for equity exchange. Between Dec. 28 and Dec. 29, AMC agreed to enter into a series of privately negotiated exchange agreements. These agreements will see AMC issue 3.25 million shares in exchange for $22.5 million of aggregate principal amoun ...
AMC Stock Hits All-Time Low. It Can't Shake Last Year's Volatility.
Barrons· 2024-01-03 15:59
AMC Entertainment has started the year off with more volatility, with the stock falling to an all-time low on Wednesday. ...
AMC CEO slams ‘prophets of doom,' says company is ‘blazing new trails' as it enters 2024
Market Watch· 2024-01-02 09:04
AMC Entertainment Holdings Inc. CEO Adam Aron has slammed the “prophets of doom” who expected to see the company’s demise in 2023.“To the prophets of doom certain that AMC would fail as a company and be forced into bankruptcy court in 2023: It is December 31, so we all know that YOU WERE WRONG,” he wrote on X, formerly Twitter, on New Year’s Eve. “AMC is still here, still innovating, still blazing new trails. To the rest of you (think Apes) Happy New Year!”AMC AMC, -1.45% has been on a roller-coaster ride o ...
AMC stock price forecast 2024: cautiously optimistic
Invezz· 2023-12-28 06:18
AMC Entertainment (NYSE: AMC) stock price continued its downward trend in 2023 as the company continued diluting its shareholders. The stock, which was highly popular among meme investors, tumbled by over 82% while the S&P 500 index spiked by 25.2%. Headwinds to continueCopy link to sectionAMC had a relatively mixed year. On the one hand, the company benefited from the Barbenheimer movies, which were among the top-selling in recent years. Barbie generated over $1.5 billion in sales while Oppenheimer garnere ...
GameStop and AMC shares rise, on pace to continue winning streaks
Market Watch· 2023-12-27 13:01
Shares of original meme stocks GameStop Corp. GME, +4.29% and AMC Entertainment Holdings Inc. AMC, +1.47% are up 4% and 1.5%, respectively, Wednesday, outpacing the S&P 500 index SPX, +0.15%, which is down 0.01%. GameStop is on pace for its largest daily percentage gain since Dec. 18, when it rose 3.5%, and is also on pace for a two-day winning streak after ending Tuesday’s session up 2.3%. The video game retailer’s shares recently enjoyed a meme-like rally ahead of the company’s fiscal third-quarter resul ...