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

Several meme stocks, including AMC Entertainment, Koss Corp, BlackBerry, and Newegg, are trading higher following a surge in GameStop stock. The surge is attributed to Keith Gill, known as 'Roaring Kitty,' scheduling a YouTube livestream. Gill's activity has historically caused volatility in these stocks. The SEC is investigating recent options trading in GameStop, and Gill is under scrutiny for potential manipulation.

Portfolio Pulse from Adam Eckert

June 06, 2024 | 6:25 pm

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 5:48 pm

Gamestop shares experienced a trading halt due to volatility, with the stock surging by 33.23%.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 5:39 pm

AMC Entertainment Holdings Inc (NYSE:AMC) held its annual shareholder meeting, where shareholders voted to elect three new directors to its board. The proposal to declassify the board failed. AMC shares rose by 7.94% amid renewed interest in meme stocks and an S&P Global Ratings upgrade from 'SD' to 'CCC+'.

Portfolio Pulse from Adam Eckert

June 05, 2024 | 7:03 pm

AMC announced the results of its shareholder votes at the annual meeting. The proposal to declassify the board failed, but three directors were elected to the board.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 6:26 pm

The Nasdaq 100 reached record highs driven by strong service sector performance and tech stock gains. The Magnificent Seven hit a $15 trillion valuation, and the iShares Semiconductor ETF (SOXX) had its best day in three months. Major indices and ETFs, including SPY, DIA, and QQQ, saw gains. Key stock movers included HPE, CRWD, DLTR, BF, CPB, OLLI, GME, AMC, ASML, ARM, AVGO, MU, and NVDA.

Portfolio Pulse from Piero Cingari

June 05, 2024 | 5:43 pm

S&P has upgraded AMC Entertainment Holdings' credit rating from 'SD' to 'CCC+'.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 4:50 pm

DouYu International Holdings Limited (NASDAQ:DOYU) reported a significant revenue decline for Q1 2024, missing analyst estimates, leading to a 4.2% drop in pre-market trading. Other stocks like COMPASS Pathways, Mind Medicine, Madrigal Pharmaceuticals, Annexon, Integral Ad Science, Dollar Tree, and AMC Entertainment also saw declines in pre-market trading.

Portfolio Pulse from Avi Kapoor

June 05, 2024 | 12:07 pm

Several major stocks, including Bath & Body Works, Designer Brands, and others, are experiencing declines in Tuesday's pre-market trading. Bath & Body Works reported better-than-expected earnings but still saw a significant drop in share price.

Portfolio Pulse from Avi Kapoor

June 04, 2024 | 12:21 pm

Morgan Stanley is considering banning Keith Gill, known as 'The Roaring Kitty,' from its E*Trade platform due to allegations of stock manipulation. Gill's recent disclosure of significant GameStop holdings led to a surge in meme stock prices, including GameStop and AMC.

Portfolio Pulse from Piero Cingari

June 03, 2024 | 8:22 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.