Shares of AMC Entertainment (NYSE:AMC) stock are in the spotlight following a Schedule 13G update from Vanguard.As of the end of the first quarter, Vanguard owned 24.80 million shares of AMC stock. The investment services company revealed in a filing that it now owns 30.51 million shares as of June 28, meaning that it increased its position by 5.71 million shares or by 23%. Its position is equivalent to a 10.32% ownership stake.There is a caveat here, however. Vanguard is one of the world’s largest exchange ...

It’s crucial to steer clear of potential pitfalls that could sink your portfolio. With the S&P 500 and Nasdaq posting impressive year-to-date gains, it’s tempting to get caught up in the bullish fervor. However, beneath the surface, there are warning signs that shouldn’t be ignored.In the near-term, the market’s resilience in the face of elevated interest rates and global economic weakness is noteworthy. Consumer spending and business investment remain strong, supporting a steady, if unspectacular, GDP grow ...

Meme stocks to sell continue sounding the alarm bells this year.However, this year’s explosiveness in meme stocks is notably subdued compared to the original retail trading frenzy. Hence, the stock market seems to have evolved, and smart money is now approaching these stocks with greater caution and strategy.Moreover, according to Vanda Research, inflows into meme stocks are substantially lower compared to 2021, pointing to a steep decline in speculative interest. Also, most meme stock companies are struggl ...

Monday was an excellent start to the week for AMC Entertainment (NYSE:AMC), with AMC stock during over 8% because of strong weekend box office sales. Fans of Despicable Me lined up for its fourth sequel, driving $230 million in gross box office sales worldwide and $122 million in the U.S. This success saw both ticket and merchandise sales at AMC theaters surge over the previous year.In the past weeks, AMC has been quite volatile. Currently, the company has a $1.6 billion market cap, and AMC stock is trading ...

In the latest market close, AMC Entertainment (AMC) reached $5.46, with a -0.18% movement compared to the previous day. This change lagged the S&P 500's 0.07% gain on the day. Meanwhile, the Dow lost 0.13%, and the Nasdaq, a tech-heavy index, added 0.14%.Shares of the movie theater operator witnessed a gain of 16.14% over the previous month, beating the performance of the Consumer Discretionary sector with its loss of 2.27% and the S&P 500's gain of 4.34%.Market participants will be closely following the fi ...

LANCASTER, Pa., July 09, 2024 (GLOBE NEWSWIRE) -- Following a decade of taking their spectacular theater experience from the stage to the screen, Sight & Sound is partnering with Fathom Events to do something Sight & Sound has never done before — broadcast a production LIVE into movie theaters nationwide. "We know not everyone can come to us, so we want to take the show to them," says Katie Miller, Director of Brand Development. "Our hope is to continue creating experiences that extend beyond our stage and ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

JamesBreyInvesting in high-yield stocks, if done properly, is one of the surest paths to generating attractive long-term total returns as well as building a large passive income stream that can facilitate an accelerated retirement timeline. This is because if you live off of dividends rather than capital appreciation, you never have to sell shares to finance your retirement lifestyle and therefore have a much more consistent and predictable return stream and can even be agnostic to volatility in the sto ...

Meme stocks are some of the most dangerous investments to make right now. In my view, now may be a good time to sell many top meme stocks that have gone on big runs. Of course, investors can always put some “fun money” into these stocks as high-risk gambles. However, I would not recommend chasing the current meme stock rally. Most meme stocks have legacy underlying businesses that are bleeding cash and have negative growth. These companies are unlikely to provide long-term returns. In fact, they’re more lik ...

AMC Entertainment (NYSE:AMC) stock has spent all but 14 days trading in penny-stock hell so far this year. Except for a couple of short bursts like when it jumped 135% in two days trading, meme-stock investors hoping for a 2021-style revival aren’t likely to get their wish. Although I’m the last person on earth that would write something positive about AMC stock — I recently called it “radioactive” — part of what I do as a writer is to examine possible events that could turn a stock from toxic to must-own.  ...