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5.31
0.20
(3.91%)
Closed July 31 4:00PM
5.30
-0.01
(-0.19%)
After Hours: 7:56PM

Real-time discussions and trading ideas: Trade with confidence with our powerful platform.

Key stats and details

Current Price
5.30
Bid
-
Ask
-
Volume
14,787,509
5.17 Day's Range 5.39
2.38 52 Week Range 48.1752
Market Cap
Previous Close
5.11
Open
5.19
Last Trade Time
Financial Volume
$ 78,193,742
VWAP
5.2878
Average Volume (3m)
62,897,748
Shares Outstanding
295,587,747
Dividend Yield
-
PE Ratio
-3.96
Earnings Per Share (EPS)
-1.34
Revenue
4.81B
Net Profit
-396.6M

About AMC Entertainment Holdings Inc

AMC Entertainment Holdings Inc is involved in the theatrical exhibition business. It owns, operates or has interests in theatres located in the United States and Europe. It provides amenities such as plush, power recliners, MacGuffins full bars, AMC Dine-In Theatres, premium presentation. The group ... AMC Entertainment Holdings Inc is involved in the theatrical exhibition business. It owns, operates or has interests in theatres located in the United States and Europe. It provides amenities such as plush, power recliners, MacGuffins full bars, AMC Dine-In Theatres, premium presentation. The group operates in U.S. markets and International markets. Show more

Sector
Theaters, Ex Drive-in
Industry
Theaters, Ex Drive-in
Headquarters
Wilmington, Delaware, USA
Founded
1970
AMC Entertainment Holdings Inc is listed in the Theaters, Ex Drive-in sector of the New York Stock Exchange with ticker AMC. The last closing price for AMC Entertainment was $5.11. Over the last year, AMC Entertainment shares have traded in a share price range of $ 2.38 to $ 48.1752.

AMC Entertainment currently has 295,587,747 shares outstanding. The market capitalization of AMC Entertainment is $1.51 billion. AMC Entertainment has a price to earnings ratio (PE ratio) of -3.96.

AMC Entertainment (AMC) Options Flow Summary

Overall Flow

Bullish

Net Premium

219k

Calls / Puts

300.00%

Buys / Sells

200.00%

OTM / ITM

71.43%

Sweeps Ratio

0.00%

AMC Latest News

ASML Rises 7% on Export Waiver; Intel Plans Layoffs, HSBC $3B Buyback Announced, and More

ASML Holding NV (NASDAQ:ASML) – Semiconductor stocks rose globally after news that the US will exempt chipmakers in Japan, the Netherlands, and South Korea from new export restrictions...

USHER: RENDEZVOUS IN PARIS Concert Film Coming to Global Cinemas Beginning September 12

Filmed during USHER’s 2023 eight-concert performance in Paris, USHER: RENDEZVOUS IN PARIS features chart-topping hits “Yeah!,” “My Boo,” & More AMC Theatres Distribution and Trafalgar...

AMC Entertainment Posts Its Highest Weekend Attendance and Admissions Revenue of 2024 – In the U.S. and Globally – And Its Highest Weekend for Food & Beverage Revenue in the U.S. Since 2019

More than 6 million moviegoers watched a movie at AMC Theatres locations in the U.S., and ODEON Cinemas locations throughout the world, Thursday through Sunday AMC’s attendance was driven by an...

NBA Signs Billion Dollar Broadcast Deal, CrowdStrike Criticized for Insufficient Reward, Honda Shuts Down Chinese Factory

Warner Bros Discovery (NASDAQ:WBD), Walt Disney (NYSE:DIS), Comcast (NASDAQ:CMCSA), Amazon (NASDAQ:AMZN) – The NBA signed an 11-year, $77 billion contract with Disney, NBCUniversal...

AMC Entertainment Holdings, Inc. Previews Second Quarter 2024 Preliminary Results and Announces Second Quarter 2024 Earnings Webcast

AMC Entertainment Holdings, Inc. (NYSE: AMC) (the “Company,” or “AMC”) today released preliminary results for the second quarter ended June 30, 2024. The preliminary results are unaudited...

Johnson Controls Division Sold for $8 Billion; Alphabet’s Offer Rejected by Wiz; AMD President Announces Retirement

Johnson Controls (NYSE:JCI), Robert Bosch GmbH (TG:R1WE) – Robert Bosch GmbH plans to buy Johnson Controls’ heating and ventilation division for $8 billion, expanding its operations...

AMC Entertainment Holdings, Inc. Announces Collaborative Refinancing Transactions that Extend Up To $2.45 Billion of Debt Maturities from 2026 to 2029 and Beyond

Transformational transactions that strengthen the balance sheet, pave the way for future delevering, and align the capital structure with the expected industry growth trajectory $1.2 billion of...

Sight & Sound Partners to Premiere Their First Ever LIVE Broadcast into Movie Theaters Nationwide, Courtesy of Fathom Events

LANCASTER, Pa., July 09, 2024 (GLOBE NEWSWIRE) -- Following a decade of taking their spectacular theater experience from the stage to the screen, Sight & Sound is partnering with Fathom...

BP Slashes Profit Forecast by $700 Million; Morgan Stanley Predicts S&P 500 10% Drop, and More News

BP plc (NYSE:BP) – BP expects weak margins in its refining business to impact its second-quarter profits by up to $700 million. The decline in refining margins, due to excess renewable...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.265.158730158735.045.394.54181065565.02869058CS
40.050.9523809523815.255.764.54187915105.21059472CS
122.1568.2539682543.1511.882.9628977485.31073374CS
261.1828.6407766994.1211.882.38374427894.92544509CS
52-35.81657969-87.109822752941.1165796948.175219972.38320225659.37693149CS
156-325.75022957-98.3990344888331.05022957465.782026092.3838381672128.92934186CS
260-98.37377925-94.887810555103.67377925640.748072262.3843139007160.06888594CS

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AMC Discussion

View Posts
DR_rugby DR_rugby 3 hours ago
A badge of horror to one

Maybe a

Badge of honor to others

As investors we need to look at

What policies are going to change and place the bets on the rule changes

It’s green one day, blue the next, red day after that based on the winds of change of leadership based upon what the loudest voice in the mega phone is yelling

Who is listening and how does it affect the people direction

But if you can see or bet the direction

Ya May profit or get margin called

GLTA
👍️0
Jimmy Joe Jimmy Joe 3 hours ago
But sad thing in our society is Criminals roam America!!!!!!

Yep, got one running for president. 24 more felony counts then Bill Hwang.

Only in America baby~!

$AMC baby~!
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DR_rugby DR_rugby 3 hours ago
They need to be creditable and news worthy

When the public deems you to be not credible as a whole then you loose $$$ for

Viewership
Sponsorship
Advertising $$$
Consultation fees
Management fees

List goes on

Since AMC and other memes have highlighted this hypocrisy

The inverse must be true then

By hold wait don’t listen to them

And not pay fees for their advice as they are trading against me and others

And now that we know the game

They have consequences for their actions

And to be relevant they have to change
Or be not relevant in the future and loose the money and fees

Fake news begets fake news

GLTA
👍️0
bio33 bio33 6 hours ago
Gary Gensler needs to go JAIL!!!!!
hehehehehehehe
Do I need to spell it out????
But sad thing in our society is Criminals roam America!!!!!!
👍️ 2 💯 1
Prudent Capitalist Prudent Capitalist 7 hours ago
It wasn't an article. It was a formal announcement of a debt and credit rating downgrade for AMC issued by S&P Global last week on 7/24.
👍️0
MasterBlastr MasterBlastr 7 hours ago
Its just traders.
👍️0
Al 100 Al 100 7 hours ago
Squeeeeeze baby
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highlandernew highlandernew 7 hours ago
🔴🔴AMC is now ¢0.53 cents (12.8x) NOT the MOASS?!:

But anyway, after the *real* AMC post reverse split price CRASH I'll average *down* even harder?

Like... after CITADEL SLF will bring price from $20 to $2?

Then, this $2 will be the equivalent of ¢0.20 cents pre-R/S, which is an *** AWESOME *** averaging DOWN price wow?!










Thank you thank you thank you?

What are your thoughts about this?
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Prudent Capitalist Prudent Capitalist 9 hours ago
In depth DD reveals that the only place anyone can find your statement below is in unsubstantiated posts from anonymous posters here on IHUB. There is no evidence that Gasparino said anything of the like, other than in a discussion regarding Andrew Left he took a swipe at the competing network claiming some if its guests lied. He NEVER claimed that any guests on CNBC were paid by any hedge funds to intentionally lie or manipulate certain stocks. Of course, there are numerous examples of where Gasparino slams and laughs at the army of AMC APE investors for their shenanigans. SMFH
GASPARINO JUST CONFIRMED THAT EVERY GUEST THAT WAS ON CNBC TOOK SECRET PAYMENTS FROM HEDGE FUNDS TO MANIPULATE STOCKS LIKE #GME AND $AMC
👍️0
Jimmy Joe Jimmy Joe 9 hours ago
I guess the article Shorty wanted posted here, previous post, is the reason $AMC stock price is going up~?

I dunno..........

Was Jim Cramer being secretly paid by hedgies~? Asking for a friend.........

$AMC baby~!
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Jimmy Joe Jimmy Joe 9 hours ago
Shorty wanted me to pass this on............. couple this with CNBC guests being paid (GASPARINO JUST CONFIRMED THAT EVERY GUEST THAT WAS ON CNBC TOOK SECRET PAYMENTS FROM HEDGE FUNDS TO MANIPULATE STOCKS LIKE #GME AND $AMC), with Andrew Left going bye bye soon, with Black Swan events on the horizon, with Bill Hwang guilty of 10 of 11 counts, ready to start singing Bill~?......... with the Motely Fool being a mouthpiece for Shorty, and with other articles written for misinformation purposes because this is what "they" want the narrative to be.

Enjoy~!

MasterBlastr

Member Level
Re: Jimmy Joe post# 9842

Tuesday, July 30, 2024 10:14:31 PM

Post#
9843
of 9848
Pass this on -

https://disclosure.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/3218768

---------------------------------------------------
APES =====> Average People Eviscerating Shorts

#APESNOTSELLING
#APESNOTLEAVING
#APESBUYINGMORE
#HODL UP

$AMC baby~!
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Nebuchadnezzar Nebuchadnezzar 10 hours ago
NVDA up $12 on huge volume bc of MSFT

and AMC cant do anything

have you all failed to realize the power of volume?

if the NVDA money shifted for one day to AMC this stock would run 500%
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Prudent Capitalist Prudent Capitalist 10 hours ago
Hmmmmmm......

https://disclosure.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/3218768
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WALL STREET KID WALL STREET KID 12 hours ago
$AMC EASILY $400! 1 BILLION SHARES ON LOAN! Short Squeeze Update

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WALL STREET KID WALL STREET KID 12 hours ago
🚨BREAKING NEWS $GME 🚨

GASPARINO JUST CONFIRMED THAT EVERY GUEST THAT WAS ON CNBC TOOK SECRET PAYMENTS FROM HEDGE FUNDS TO MANIPULATE STOCKS LIKE #GME AND $AMC 🎱

THEY USED THEIR MEDIA TIME TO MOVE STOCKS IN THE DIRECTIONS THEY NEEDED TO SELL

ITS OVER FOR THESE SHORTS!!!💎

🚨BREAKING NEWS $GME 🚨

GASPARINO JUST CONFIRMED THAT EVERY GUEST THAT WAS ON CNBC TOOK SECRET PAYMENTS FROM HEDGE FUNDS TO MANIPULATE STOCKS LIKE #GME AND $AMC 🎱

THEY USED THEIR MEDIA TIME TO MOVE STOCKS IN THE DIRECTIONS THEY NEEDED TO SELL

ITS OVER FOR THESE SHORTS!!!💎🙌 pic.twitter.com/sFptnDmZD1— Mike Investing (@MrMikeInvesting) July 30, 2024
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tulla236a tulla236a 12 hours ago
gensler said 90% of retail trades go through the dark pools. he could have stop it but didn’t. he said pfof wasn’t best execution and a conflict of interest. he could have stop it but he didn’t. today is final completion of the cat system.

is he going to enforce it or just ignore the problems like he always has???
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WALL STREET KID WALL STREET KID 1 day ago
🎞️ $AMC theaters and ODEON cinemas saw 6+ million guests thanks to Deadpool and Wolverine. 🔥

This was the company's highest weekend for attendance, admissions revenue, food/beverage revenue, and merchandise sales in 2024, per CEO Adam Aron.

🎞️ $AMC theaters and ODEON cinemas saw 6+ million guests thanks to Deadpool and Wolverine. 🔥

This was the company's highest weekend for attendance, admissions revenue, food/beverage revenue, and merchandise sales in 2024, per CEO Adam Aron. pic.twitter.com/XdWtV0vtGo— OnlyFlows (@OnlyFlowsApp) July 29, 2024
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WALL STREET KID WALL STREET KID 1 day ago
#AMC FACTS
☎️Cineworld, a UK-based cinema chain, is losing market share and closing theaters.

🌶️Meanwhile, AMC, led by CEO Adam Aron and Marathon Asset Management, has struck a beneficial deal.

☎️By adjusting its balance sheet, AMC saves potentially hundreds of millions in loan repayments and extends the repayment timeline through 2029 and 2030.

☎️With $770 million in cash on hand, AMC's credit risk is mitigated despite Box Office volatility.

☎️The recent strike resolution and a lineup of future feature films, position AMC well.

🌶️Additionally, AMC Theatres Distribution has partnered with Sony Music Vision to bring the concert film "USHER: RENDEZVOUS IN #PARIS" to global cinemas from September 12 to 15. 🎥🍿

#AMC FACTS
☎️Cineworld, a UK-based cinema chain, is losing market share and closing theaters.

🌶️Meanwhile, AMC, led by CEO Adam Aron and Marathon Asset Management, has struck a beneficial deal.

☎️By adjusting its balance sheet, AMC saves potentially hundreds of millions in… pic.twitter.com/YwJ6Xl6oII— Frank (@LetMeBeFrankino) July 30, 2024
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WALL STREET KID WALL STREET KID 1 day ago
I would hate to be a $AMC $GME #NakedShort that uses #ShortAndDistort Tactics right now ;) ;)

🚨 JUST IN: Short Seller Who Shorted GameStop Now Surrenders to Securities Fraud https://t.co/UKTMaPzerr#MarketNews #StockMarket— Frank Nez (@FNez_Blogger) July 29, 2024
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highlandernew highlandernew 1 day ago
🔴🔴Whistleblower FOUND for CITADEL AMC algo?:

*** Click on images to zoom? (if needed?) ***









What are your thoughts about this?
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shamalamadingdong shamalamadingdong 1 day ago
GASPARINO JUST CONFIRMED THAT EVERY GUEST THAT WAS ON CNBC TOOK SECRET PAYMENTS FROM HEDGE FUNDS TO MANIPULATE STOCKS LIKE #GME AND $AMC
🚨BREAKING NEWS $GME 🚨

GASPARINO JUST CONFIRMED THAT EVERY GUEST THAT WAS ON CNBC TOOK SECRET PAYMENTS FROM HEDGE FUNDS TO MANIPULATE STOCKS LIKE #GME AND $AMC 🎱

THEY USED THEIR MEDIA TIME TO MOVE STOCKS IN THE DIRECTIONS THEY NEEDED TO SELL

ITS OVER FOR THESE SHORTS!!!💎🙌 pic.twitter.com/sFptnDmZD1— Mike Investing (@MrMikeInvesting) July 30, 2024
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highlandernew highlandernew 1 day ago
🔴🔴AMC is now ¢0.50 *cents* (12.8x) NO MOASS there?!:

But anyway, after the *real* AMC post reverse split price CRASH I'll average *down* even harder?

Like... after CITADEL SLF will bring price from $20 to $2?

Then, this $2 will be the equivalent of ¢0.20 cents pre-R/S, which is an *** AWESOME *** averaging DOWN price wow?!










Thank you thank you thank you?

What are your thoughts about this?
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Jimmy Joe Jimmy Joe 1 day ago
Good news indeed~!

teamster have reached a tentative deal...

bio, I feel anything down here ($5 s) is a good buy. Wish that so and so could have brought those $3 shares he promised.
Oh well.......... that was his pipe dream. 🤣😂😸😹

Ahhhh the dawg days of Summer MacIntosh~! Go get 'em Canada girl~!

$AMC baby~!
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bio33 bio33 1 day ago
teamster have reached a tentative deal....good news
https://variety.com/2024/biz/news/teamsters-basic-crafts-tentative-contract-amptp-1236079050/

btw...I've raised my buy price on amc ...looking for 5.1
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tulla236a tulla236a 1 day ago
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Jimmy Joe Jimmy Joe 1 day ago
When $GME runs $AMC follows. Been like that forever.

$GME has always been Fred Astaire while $AMC is Rita Hayworth/Ginger Rogers.

RC possible announcement with $GME ~? Looking forward to a possibility. Yep~!

$AMC baby~!
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Jimmy Joe Jimmy Joe 1 day ago
Good stuff bio33.
Deadpool Wolverine smashing it.
More kids movies coming out like Wild Robot.
Personally I cannot wait to see Horizon Part 2.

$AMC is kicking it good. The only thing that could dampen things is the teamsters possible strike tomorrow, the 31st,
Hopefully they come to an agreement.

$AMC baby~!
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highlandernew highlandernew 1 day ago
🔴🔴AMC is now ¢0.52 cents (12.8x) NOT the MOASS?!:

But anyway, after the *real* AMC post reverse split price CRASH I'll average *down* even harder?

Like... after CITADEL SLF will bring price from $20 to $2?

Then, this $2 will be the equivalent of ¢0.20 cents pre-R/S, which is an *** AWESOME *** averaging DOWN price wow?!










Thank you thank you thank you?

What are your thoughts about this?
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Al 100 Al 100 1 day ago
Squeeeeeze :)
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highlandernew highlandernew 1 day ago
🔴🔴B_B, World's LARGEST Movie Company under $1B M/Cap?:

Real shares are Apex property #2 of HUMAN RACE?













What are your thoughts about this?
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Nebuchadnezzar Nebuchadnezzar 1 day ago
Deadpool & Wolverine record monday as well

Deadpool & Wolverine Marvel Smash Sees R-Rated Record Monday
Marvel Studios’ badass duo raked in money yesterday for what ended up a $21.5 million-plus Monday at the domestic box office, if not more, according to our sources. At that level, ‘Deadpool & Wolverine’ easily ranks as the best Monday ever for a R-rated movie, beating the Monday of 2016’s ‘Deadpool,’ which fell on a Presidents Day holiday when it earned $19.7M.

https://deadline.com/tag/deadpool-wolverine/
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Nebuchadnezzar Nebuchadnezzar 2 days ago
AMC highest food sales since 2019

AMC saw its highest food and beverage sales weekend in 5 years
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tulla236a tulla236a 2 days ago
andrew left surrenders to authorities and trial set for 9-24. that’s a lot sooner than i was expecting. he better be looking over his shoulder.

dirty laundry!

https://www.cnbc.com/2024/07/29/andrew-left-citron-capital-securities-fraud-los-angeles.html

https://www.investmentnews.com/industry-news/news/short-seller-andrew-left-says-hes-not-guilty-of-fraud-255851
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B_B! B_B! 2 days ago
An acquisition of AMC will make Amazon the first vertically integrated film studio with their own movie theater chain since 1948.
The elimination of the Paramount Consent Decrees in 2020 made it possible for film studios to own movie theaters again.


Amazon reportedly interested in buying AMC Entertainment
By Reuters
Published March 28, 2023
https://nypost.com/2023/03/28/amazon-reportedly-interested-in-buying-amc-entertainment/

AMC Theatres’ Stock Soars on Amazon Acquisition Speculation
By Brent Lang May 11, 2020
https://variety.com/2020/film/news/amc-entertainment-amazon-acquisition-stock-1234603290/


The Elimination of the Paramount Consent Decrees and What It Represents for the Film Industry
Posted on Mar 25, 2020 Jordan Lieberman
In November 2019, the Department of Justice (DOJ) filed a motion in federal court to unwind 70-year-old consent decrees entered in the aftermath of the Supreme Court’s decision in United States v. Paramount Pictures, Inc.[1] The decrees ensured that the major studios divested from the movie theaters they owned and refrained from other anti-competitive practices common within the industry.[2] According to Makan Delrahim, the head of the DOJ’s Antitrust Division, the decrees were antiquated and therefore “no longer serve the public interest . . . and no longer meet consumer interests.”[3] This announcement provides us the opportunity to reflect on the origins of the decrees, what they meant for the film industry, and what they say about the competitive landscape of the modern entertainment industry.
...
https://journals.library.columbia.edu/index.php/CBLR/announcement/view/293


Vertical integration of the Hollywood film industry Vertical integration was a key feature of the Hollywood studio system up to 1948.

"The Big Five," major studios realized they could maximize their profits by controlling each stage of a film's life:
• production (making the film),
• distribution (getting the film out to people),
• exhibition (owning first-run cinemas in major cities).
…
The end of Hollywood's Golden Age In 1948 the studios were ordered to give up their cinemas, opening the market to smaller producers.
https://hbkportal.co.uk/wp-content/uploads/2019/12/VerticalintegrationoftheHollywoodfilmindustry2013.pdf


The Paramount case and the resulting decrees significantly altered the structure of the motion picture industry. First, the Supreme Court ordered and the decrees mandate a separation between film distribution and exhibition by requiring the five defendants that then owned movie theatres to divest either their distribution operations or their theatres.

See United States v. Paramount, 334 U.S. 131 (1948). Subsequently, each of the defendants entered into a consent decree with the Department (collectively, “the Paramount Decrees”).
https://www.justice.gov/atr/paramount-decree-review
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Nebuchadnezzar Nebuchadnezzar 2 days ago
LOL MAYBE SO
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FireMechanic FireMechanic 2 days ago
AMC/Gme have crooks for CEO. Cohen doesn't draw a salary but probably making millions playing both sides of the fence in my opinion.
👍️0
NHPIPIXiPY$26 NHPIPIXiPY$26 2 days ago
Wait till the algos are AI-infused! That will be a fun stock market!

All IMO
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NHPIPIXiPY$26 NHPIPIXiPY$26 2 days ago
Some of the videos that kid makes are frigan hilarious! An example of why these reddit/memeverse traders eventually grew on me!

All IMO
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highlandernew highlandernew 2 days ago
🔴🔴bio, AMC at ¢0.51 cents AIN'T MOASS LOL?!:

But anyway, after the *real* AMC post reverse split price CRASH I'll average *down* even harder?

Like... after CITADEL SLF will bring price from $20 to $2?

Then, this $2 will be the equivalent of ¢0.20 cents pre-R/S, which is an *** AWESOME *** averaging DOWN price wow?!










Thank you thank you thank you?

What are your thoughts about this?
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highlandernew highlandernew 2 days ago
🔴🔴AMC DESTROYS Bitcoin multiplicator at 12.8x?:



*** Watch out when FOMO hits?! ***

*** One just needs to AVERAGE DOWN and be PATIENT enough? ***
*** (remember Warren BUFFETT's quote about PATIENCE hehehe?) ***
*** (aka #APESNEVERLEAVING?) ***






What are your thoughts about this?
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bio33 bio33 2 days ago
Marvel's"Deadpool vs Wolverine" has raked in $438.3 million globally during its opening weekend at the box office. Disney shares obvious reaping the benefits of the popularity of Deadpool vs Wolverine.....Dis closed friday at 89.93 and is up 2.71% today to 92.38....
Now let's see AMC....closed at 5.18 on friday and today is trading at 5.14 at -0.65% approx....obviously this good news was not reflected in AMC's price....
Now I wonder why?????????????????....I really don't need to spell it out....hehehehehehehehehehe
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highlandernew highlandernew 2 days ago
🔴🔴AMC is now ¢0.50 cents (12.8x) NOT MOASS?!:

But anyway, after the *real* AMC post reverse split price CRASH I'll average *down* even harder?

Like... after CITADEL SLF will bring price from $20 to $2?

Then, this $2 will be the equivalent of ¢0.20 cents pre-R/S, which is an *** AWESOME *** averaging DOWN price wow?!










Thank you thank you thank you?

What are your thoughts about this?
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Nebuchadnezzar Nebuchadnezzar 2 days ago
neither moves were by retail

that is my point

the SEC will probably dig a lot deeper into both stocks
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tulla236a tulla236a 2 days ago
i just think amc rode on gme's and rk's coattails. that's why i like it when good things happen to gme.
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Nebuchadnezzar Nebuchadnezzar 2 days ago
i would love to know who was behind this past pump a few weeks ago when AMC ran from $4 to $12

it could only have been done by huge firms on wall street
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bio33 bio33 2 days ago
Well, if MM bring AMC below 5....
I have fresh cash to BUY!!!!!!
hehehehehehehehehehehehehehe
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bio33 bio33 2 days ago
amc currently trading at 5.14 closed at 5.18 friday down currently -0.646%
vol anemic at 8.8M
spread 16 cents
and of course following news clip about the movies this weekend

AMC Entertainment Stock Is Rising Monday: What's Going On?
BENZINGA 11:24 AM ET 7/29/2024
Symbol Last Price Change
AMC 5.145up -0.035 (-0.6757%)
DIS 92.035up +2.105 (+2.3407%)
QUOTES AS OF 12:50:52 PM ET 07/29/2024
AMC Entertainment Holdings Inc (AMC) shares are on watch higher. The company announced it posted its highest weekend attendance and admissions revenue of 2024.

What Happened: AMC announced that it set new 2024 records for weekend attendance and admissions revenue at its U.S. AMC theater locations this past Thursday through Sunday.

AMC also set new 2024 records at its ODEON Cinemas locations throughout the world as AMC and ODEON welcomed more than 6 million moviegoers to its theaters over the weekend.

The record-breaking performance was led by the opening weekend of Walt Disney Co(DIS) and Marvel’s “Deadpool & Wolverine,” which set new all-time opening weekend records for a rated-R film with a reported $205 million domestically across the industry. “Deadpool & Wolverine” also

AMC also posted its highest food and beverage revenue for a single weekend since 2019. In the U.S., AMC said it sold more beer, wine and cocktails over the weekend than in any other weekend in AMC company history.

“Deadpool & Wolverine” is now AMC’s highest revenue-generating merchandise program of the year, eclipsing “Despicable Me 4,” which had just claimed that title earlier this month. The movie also became AMC’s second-highest merchandise program in AMC company history.

“AMC has been predicting for quite some time that moviegoing would return to lofty levels this summer. The trifecta of INSIDE OUT 2, DESPICABLE ME 4 and DEADPOOL & WOLVERINE, combined with a myriad of other successful movies, has proven us right,” said Adam Aron, chairman and CEO of AMC.

“Given that this also was an AMC record-breaking weekend for the sale of beer, wine, and cocktails at our MacGuffins bars, it’s only fitting that we raise a glass and toast our studio partners at Disney(DIS) and Marvel, and the filmmakers of DEADPOOL & WOLVERINE for delivering a theatrical experience that has delighted and entertained millions of fans around the world.”

Check This Out: Ryan Reynolds, Hugh Jackman Starrer ‘Deadpool & Wolverine’ Breaks Box Office Records, Rakes In Over $438M For Disney’s Marvel At Global Opening

AMC scheduled its second-quarter financial results for Aug. 2 and reported preliminary results last week. AMC said it expects second-quarter revenue of approximately $1.03 billion versus estimates of $1.018 billion, according to estimates from Benzinga Pro.

The company anticipates a second-quarter loss of 10 cents per share versus estimates for a loss of 43 cents per share. Adjusted EBITDA is expected to be approximately $29.4 million in the second quarter.

“Moviegoing in theatres appears again to be on an upwards trajectory. AMC enjoyed a significant increase in our daily revenues in June of 2024 as compared to those of April and May of 2024,” Aron said.

AMC Price Action: AMC shares were up 0.77% at $5.22 at the time of publication, per Benzinga Pro.
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tulla236a tulla236a 2 days ago
this will be good for amc if true. is ryan cohen about to make an announcement about gme's new transformation???



https://x.com/ryancohen
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bio33 bio33 2 days ago
Only thing for sure.....
AMC manipulation of price is nothing more than CORRUPTION and CRIMINAL....
what happen to idea criminals go to jail.....our society has changed,,,,,,,, welcome to
great socialist society......hehehehehehehehehehehehehe
here comes the afternoon dump!!!!!
The other thing for sure-----I'm HOLDING no matter what the criminals do.....
why because I CAN!!!!!.
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Nebuchadnezzar Nebuchadnezzar 2 days ago
AMC had 6 million people visit their theaters over the weekend and they can't even be cash flow positive for one qtr

management changes are coming
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