The Federal Reserve is yet to cut interest rates and make capital cheaper. FUD fund futures project the central bank will cut rates two times this year, with the first one in September, which could influence decisions on meme stocks to sell.But even if that happens, the market would get a signal that the economy needs to be stimulated even though inflation is off the 2% target. Historically, such an indicator would make the market more volatile in the short run. And which asset is inherently volatile alread ...

AMC Entertainment (NYSE:AMC) is among the top global theater chains many investors have ignored for its underlying business model. Indeed, most retail investors in this name are investing not for the company’s fundamental growth prospects or its outlook moving forward. Those are rather negative. It’s the company’s upside potential as a meme stock, and its corresponding short-squeeze potential, that drives most of the discussion around this name.While AMC has certainly seen many near-term surges over the pas ...

With the current bullishness in the stock market and an anticipated sustained rally, it’s best to steer clear of unstable stocks to sell.Investors can effectively redirect their focus toward fruitful investments by offloading risky assets. Moreover, many investing pundits believe the stock market is currently littered with overhyped stocks. Hence, rotating out of overhyped stocks to sell could ensure portfolio stability ahead of a sustained bull run.These three stocks to sell offer limited upside, marked by ...

Let me be clear from the get-go. There may be an opportunity in embattled theater operator AMC Entertainment (NYSE:AMC). Yes, as a long-term investment, AMC stock appears risky. However, because of the meme-trading sentiment, the resilience of its day-to-day price action opens the door to possible profit scalping.Investors should probably avoid extended exposure to AMC stock. Why? Experts don’t like the business. Right now, Wall Street analysts rate shares a consensus moderate sell. This assessment breaks d ...

NEW YORK, June 17, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (Nasdaq: AMCX) (the “Company” or “AMC Networks”) today announced the pricing of $125 million aggregate principal amount of 4.25% convertible senior notes due 2029 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). In connection with the offering of the notes, the Company has granted the initial purchasers an option to ...

Shares of AMC Networks plunged more than 35% Monday as the company said it plans put up for sale $125 million-worth of convertible senior notes due in 2029 in a private offering, plus additional notes for up to $18.75 million. The public company controlled by the Dolan family and run by Kristin Dolan expects to use the net proceeds “for general corporate purposes, which may include the repayment of indebtedness.” Notes are debt securities like bonds but have a shorter term. The shares, which closed at $10. ...

ToplineThe staggeringly successful release of Disney’s “Inside Out 2,” a Pixar animated film, helped to send four million people to AMC movie theaters over the weekend, the chain’s CEO said Monday, making the two best days of the year so far for the company—despite a disappointing start to 2024 at the box office.A scene from "Inside Out 2." © 2023 Disney/Pixar. All Rights Reserved. Key FactsMore than one million people went to a movie at the chain each day on Friday, Saturday and Sunday for a total weekend ...

Investors in meme stock AMC Entertainment (NYSE:AMC) certainly have plenty to digest today. At the time of this writing, AMC stock is down more than 3%. In some regards, this move makes sense, given the downward trajectory the company has been on from a fundamentals perspective.Yes, we had a brief meme stock rally in AMC stock, with meme king Keith Gill (aka Roaring Kitty) coming back into the GameStop (NYSE:GME) fray. However, both GameStop and AMC have lost momentum since Gill’s return, as investors clear ...

The honest answer to this question may be easier said than done, as the recent revival of the so-called ‘meme stocks’ also sparked fear of missing out (FOMO for short) in most investors. Only the most disciplined ones can watch GameStop Corp. shares NYSE: GME and AMC Entertainment Holdings Inc. NYSE: AMC skyrocket and not feel a thing. Still, that type of emotional discipline takes years to master.AMC Entertainment TodayAMCAMC Entertainment$5.14 +0.15 (+3.01%) 52-Week Range$2.38▼$62.30Price Target$5.54Add t ...

Loading...Loading...U.S. stock futures were mixed this morning, with the Dow futures falling around 50 points on Monday.Shares of AMC Networks Inc. AMCX fell sharply in today's pre-market trading after the company announced a private offering of $125 million of convertible senior notes.AMC Networks shares dipped 9.4% to $14.24 in pre-market trading.Here are some big stocks recording losses in today's pre-market trading session.Evotec SE EVO shares fell 7.7% to $4.20 in pre-market trading.Absci Corporation A ...