Streetbeat News

AMC

AMC Entertainment Holdings, Inc.

https://www.amctheatres.com

Industry

Entertainment

AMC Entertainment Holdings, Inc., through its subsidiaries, engages in the theatrical exhibition business. The company owns, operates, or has interests in theatres in the United States and Europe. As of March 1, 2022, it operated approximately 950 theatres and 10,600 screens. The company was founded in 1920 and is headquartered in Leawood, Kansas.

Open

4.45

Mkt cap

1.6B

Volume

16M

High

4.47

P/E Ratio

-3.58

52-wk high

11.88

Low

4.23

Div yield

N/A

52-wk low

2.38

The article highlights unusual options activity for several communication services stocks, indicating potential trading opportunities. Notable mentions include bullish call options for AMC and ROKU, and bearish call options for GOOG and GOOGL.

Portfolio Pulse from Benzinga Insights

September 11, 2024 | 5:35 pm

GameStop and AMC shares rose after Roaring Kitty's return to social media, while Chewy shares initially fell but later recovered. Roaring Kitty's post sparked speculation about Chewy, where Keith Gill holds a significant stake.

Portfolio Pulse from Erica Kollmann

September 06, 2024 | 5:07 pm

GameStop and AMC shares are experiencing a rise in trading activity following a post by trader Roaring Kitty on X.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 4:09 pm

GameStop and AMC Entertainment shares saw a spike as traders circulated a new post by TheRoaringKitty on X. This suggests renewed interest and potential volatility in these stocks.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 4:07 pm

GameStop's recent meme stock surge in May 2023 did not attract the same level of retail investor interest as seen in 2021, according to SEC data. Retail participation was about half of what it was during the original frenzy. Despite a significant price increase in May, the stock closed down 2.90% at $20.74 on Tuesday.

Portfolio Pulse from Michael Juliano

August 27, 2024 | 9:40 pm

AMC Entertainment Holdings (NYSE: AMC) has seen a 3.42% decrease in its short percent of float, now at 14.4% with 51.90 million shares sold short. This is higher than the peer group average of 10.43%. It would take traders 2.69 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

August 16, 2024 | 6:45 pm

Morgan Stanley has maintained its Underweight rating on AMC Entertainment Holdings (NYSE:AMC) and lowered the price target from $11 to $10.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 5:32 pm

AMC Entertainment Holdings Inc (NYSE:AMC) shares are trading higher by 2.73% following the release of their second-quarter financial results, which showed losses of 43 cents per share and sales of $1.03 billion. CEO Adam Aron attributed a slow start to the quarter to Hollywood strikes but noted a strong finish due to successful movie releases. The cinema industry is influenced by consumer confidence and discretionary spending, and positive market sentiment could boost AMC's revenue prospects. However, market volatility, as indicated by movements in the SPDR S&P 500 ETF Trust (NASDAQ:SPY), Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), and the VIX, can significantly impact AMC shares.

Portfolio Pulse from Henry Khederian

August 06, 2024 | 7:37 pm

AMC Entertainment Holdings (NYSE:AMC) has received mixed reviews from analysts following its Q2 results. While the company has gained market share and ended the quarter strongly, concerns about its balance sheet and high debt load persist. Analysts predict continued volatility in AMC's stock due to frequent share issuances and the need to raise more capital.

Portfolio Pulse from Chris Katje

August 05, 2024 | 3:50 pm

Imax China reported a 9% drop in profit to $12.65 million for the first half of 2024, with revenue falling 3.2% to $43.9 million. The company faces challenges due to a slowdown in China's box office and a lack of visually appealing films. Speculation is rising about a potential new privatization bid by its Canadian parent, Imax Corp. (NYSE:IMAX), after a previous bid failed.

Portfolio Pulse from The Bamboo Works

August 05, 2024 | 2:15 pm

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