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

2.88

Mkt cap

1.3B

Volume

7.8M

High

3.00

P/E Ratio

-2.74

52-wk high

11.88

Low

2.86

Div yield

N/A

52-wk low

2.38

Benzinga's options activity scanner has identified significant options activity in 10 communication services stocks. The stocks include ROKU, META, PINS, RBLX, GOOGL, EA, AMC, DIS, T, and SIRI. The options activity ranges from bullish to bearish and neutral sentiments, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:55 am

The article discusses the resurgence of the meme crowd, with Tupperware Brands Corp (TUP) becoming the latest favorite. The stock has moved from $0.61 to $5.29 in a few days due to buying by the meme crowd and a resulting short squeeze. The initial trigger was a regulatory filing by Tupperware that identified multiple misstatements in its financial reports and material weaknesses in internal controls. The article also mentions the weak seasonality confronting the AI frenzy and FOMO, and the potential impact of upcoming economic data releases.

Portfolio Pulse from The Arora Report

August 04, 2023 | 9:31 am

Tupperware Brands Corp (TUP) shares have surged over 425% in the past month, driven by a retail-driven short squeeze. The stock has become a popular choice among retail traders, with over 27% of the float currently sold short. The company is expected to report its Q2 earnings in about two weeks.

Portfolio Pulse from Adam Eckert

August 01, 2023 | 2:03 pm

Tupperware Brands Corporation (NYSE:TUP) shares surged on Monday due to a short squeeze, with 27.06% of shares currently sold short. The company experienced above-average trading volume of 167.67 million shares on Monday, compared to its average volume of 10.72 million. The stock has risen over 170% over the last five trading sessions and nearly 425% over the last month. AMC Entertainment (NYSE:AMC) also saw a rise in its shares, which influenced the rise in Tupperware's stock.

Portfolio Pulse from Ryan Gustafson

August 01, 2023 | 1:18 am

The article lists the stocks that gained and lost the most in Monday's trading session. Some of the notable gainers include Yellow Corporation, which saw its shares jump 106% after ceasing operations, and Archer Aviation, which climbed 41.8% after entering into contracts with the US Air Force. On the other hand, Apellis Pharmaceuticals fell 18.8% after reporting its quarterly financial results, and Alset Capital Acquisition Corp. shares fell 27.9%.

Portfolio Pulse from Lisa Levin

July 31, 2023 | 7:30 pm

Several US stocks recorded gains on Monday, with Archer Aviation, GoodRx Holdings, Fifth Wall Acquisition Corp., Xiao-I Corporation, Symbotic, SoFi Technologies, Nikola Corporation, Innoviz Technologies, Aurora Acquisition Corp., Canoo, 2U, Faraday Future Intelligent Electric, New Relic, Palantir Technologies, AMC Entertainment Holdings, BlackBerry, and Roku all seeing significant increases. Notable events include Archer Aviation's contracts with the US Air Force, GoodRx's upgrade by TD Cowen, Symbotic and SoFi's better-than-expected results, Nikola's agreement with J.B. Hunt Transport, New Relic's acquisition by Francisco Partners and TPG, and AMC's record admissions revenue.

Portfolio Pulse from Lisa Levin

July 31, 2023 | 4:13 pm

AMC Entertainment Holdings Inc (NYSE:AMC) shares are trading higher after the company announced its highest weekly admissions revenue in company history. This was driven by the releases of 'Barbie' and 'Oppenheimer'. The company also saw strong demand for 'Haunted Mansion', 'Mission: Impossible - Dead Reckoning Part One' and 'Sound Of Freedom'. AMC is set to report second-quarter financial results on Aug 8, with an expected loss of 5 cents per share on revenue of $1.268 billion.

Portfolio Pulse from Adam Eckert

July 31, 2023 | 2:41 pm

AMC Entertainment Holdings Inc. reported record admissions revenue for the week of July 21-27, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 1:46 pm

AMC Theatres has reported its highest single-week admissions revenue in the company's 103-year history for the week of July 21-27. The record was driven by the opening performances of 'Barbie' and 'Oppenheimer', and was also supported by the continued success of 'Mission Impossible - Dead Reckoning Part One' and 'Sound of Freedom'. The weekend of July 27-30 was AMC's third busiest since reopening in 2020, with admissions revenue more than double that of the same weekend last year.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 12:58 pm

The Dow Jones, S&P 500, and Nasdaq Composite all saw weekly gains, despite a dip on Thursday. The Federal Reserve raised the federal funds rate to between 5.25% and 5.5% due to a persistent core inflation rate of 4.8%. Benzinga highlighted bullish views on Tesla and Apple, with Tesla's Cybertruck and Apple's Vision Pro headset seen as potential game-changers. Bearish views were expressed on Ark Innovation ETF, Alibaba, Nikola Corp, and AMC Entertainment due to various issues including regulatory crackdowns and financial risks.

Portfolio Pulse from Michael Cohen

July 29, 2023 | 3:38 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.