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

N/A

Mkt cap

N/A

Volume

N/A

High

N/A

P/E Ratio

N/A

52-wk high

N/A

Low

N/A

Div yield

N/A

52-wk low

N/A

The VIX surged 9% as major U.S. equity indices fell due to concerns over U.S. manufacturing activity. Safe-haven assets like bonds and gold rose, while meme stocks like GameStop and AMC spiked. Notable stock movements included Paramount Global, Lattice Semiconductor, and Spotify. Mexican assets also saw significant declines following a presidential election.

Portfolio Pulse from Piero Cingari

June 03, 2024 | 5:32 pm

Jim Cramer advises investors to take profits as shares of GameStop (GME) and AMC Entertainment (AMC) surge. Cramer warns that GameStop's business is declining and AMC's business is in a worse state, with repeated shareholder dilution. Keith Gill's large position in GameStop has sparked the rally.

Portfolio Pulse from Adam Eckert

June 03, 2024 | 4:29 pm

Shares of several stocks popular on social media are trading higher in sympathy with GameStop.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 4:17 pm

Roaring Kitty's return has sparked a significant rally in meme stocks, particularly AMC Entertainment Holdings and GameStop. AMC surged 25.6% in pre-market trading and saw a near 80% increase following Keith Gill's disclosure of a substantial position in GameStop. Despite the initial surge, AMC's share price has settled at $4.92, with mixed technical indicators suggesting both short-term bullishness and long-term challenges. The company's future performance will be closely watched as it navigates renewed attention and operational challenges.

Portfolio Pulse from Surbhi Jain

June 03, 2024 | 4:04 pm

Dave Portnoy announced significant stakes in GameStop (GME) and AMC Entertainment (AMC), influenced by Roaring Kitty's recent social media activity. Both stocks saw initial gains but later dropped. Portnoy is also eyeing Faraday Future Intelligent Electric (FFIE) as his next investment.

Portfolio Pulse from Aaron Bry

June 03, 2024 | 3:36 pm

U.S. stocks were mixed on Monday, with the Dow Jones index falling around 100 points. Several stocks saw significant gains, including Stericycle, Inc. (NASDAQ:SRCL) which rose 15% after announcing a $7.2 billion acquisition deal with Waste Management Inc. (NYSE:WM). GameStop Corp. (NYSE:GME) shares jumped 34.5% following a Reddit post by Roaring Kitty. MarineMax, Inc. (NYSE:HZO) surged 27% amid acquisition talks with OneWater Marine Inc. Other notable gainers included Liquidia Corporation (NASDAQ:LQDA), Olema Pharmaceuticals, Inc. (NASDAQ:OLMA), and Agios Pharmaceuticals, Inc. (NASDAQ:AGIO).

Portfolio Pulse from Avi Kapoor

June 03, 2024 | 2:39 pm

AMC Entertainment Holdings shares have resumed trading after a temporary halt.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 1:43 pm

AMC Entertainment Holdings shares were temporarily halted on a circuit breaker due to a sharp decline but have since rebounded and are now up 14.3%.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 1:37 pm

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 1:18 pm

Wall Street is poised for a strong start to June, driven by a resurgence in meme stocks and positive tech sector developments. GameStop and AMC Entertainment saw significant premarket gains due to renewed interest from investors. Nvidia also rose following a keynote address at Computex 2024. Key economic data and manufacturing activity reports are expected to influence market sentiment throughout the week.

Portfolio Pulse from Shanthi Rexaline

June 03, 2024 | 11:29 am

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.