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“[AMC] is giving the meme stock investors a new thing to play with,” said Reiners. “[It’s] a new stock to gamble on. And that is what is really going on with these meme stocks.
An AMC theatre is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021.
AMC Entertainment Holdings Inc. reports third-quarter results on Nov. 8, with the meme-stock darling grappling with a “dearth” of major new movie titles in August and September.
Citing industry data, Benchmark estimates that AMC delivered nearly 37% year-over-year domestic admission growth per screen ...
AMC's stock gained "meme stock" status, allowing the company to capitalize on excitement among retail shareholders. In June 2021, AMC successfully raised over $1.8 billion by issuing new shares, ...
So what. A rally that started Friday in meme stocks has carried over to today after AMC shares gained 19% on Friday in high-volume trading. Like the surge last year, this one was engineered by ...
Although AMC Entertainment (AMC) is far from its meme stock heyday, it seems a positive plot twist is unfolding for the movie theater operator. Wedbush analyst Alicia Reese upgraded the shares of the ...
Macquarie Capital analyst Chad Beynon has set a $9 price target, noting that AMC is returning to "fundamental stock" status after a recent sell-off driven by the conversion of preferred shares to ...
AMC became a popular investment as a meme stock, resulting in incredible volatility. There are signs AMC is on the right path, with people returning to movie theaters and the company earning more ...
Over the past five years, AMC’s share count has increased by approximately 610%, from 51 million in 2020 to 310.4 million (post-reverse stock split), and the company raised about $3.8 billion in ...
AMC Entertainment (NYSE:AMC) stock rose only 20% during June’s meme-stock rally, suggesting limited future benefits from this trend. The company issued a negative outlook for Q2, expecting ...
AMC Entertainment is cashing in on the revival of the meme stock trade.The struggling theater chain raised $250 million of "new equity capital" through the sale of 72.5 million shares on Monday ...