Workflow
AI predicts AMC stock price for end of 2024
AMCAMC(AMC) Finbold·2024-01-19 14:01

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 ...