What's Going On With AMC Entertainment Stock?
Portfolio Pulse from Erica Kollmann
AMC Entertainment Holdings, Inc. (NASDAQ:AMC) shares are trading higher, with a 17% increase over the last month due to the 'Barbenheimer' movie phenomenon and renewed interest in 'meme' stocks. The company announced its 'best week ever' based on admissions revenue from July 21 through July 27. AMC is one of the top trending tickers on Yahoo! Finance, with 32.32% of available shares being sold short. The company is set to release its Q2 financial reports on Tuesday.
August 07, 2023 | 3:30 pm
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AMC's stock is trading higher due to the 'Barbenheimer' movie phenomenon and renewed interest in 'meme' stocks. The company is set to release its Q2 financial reports on Tuesday.
The 'Barbenheimer' movie phenomenon and renewed interest in 'meme' stocks have led to a surge in AMC's stock price. The upcoming release of the company's Q2 financial reports could further influence the stock's performance.
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