AMC shares plunged today despite record quarterly earnings as the giant theater chain filed with SEC to sell up to $350 million worth of stock — offsetting any bump that could been expected from solid financials and an end to the actors’ strike. Shares were trading up this morning pre-market but reversed course when the
amc entertainment stock
AMC got its meme back Thursday, with the stock surging 27% at its high on heavy volume, way outpacing the broader market and other publicly traded theater chains. The jump was its biggest since May as the stock revisited its days as huge chatroom favorite. Volatility is a hallmark of meme stocks with others like
Shares of publicly traded move chains fell sharply Monday while broader markets rose as Disney’s Black Widow helped drive the post (ish) pandemic box office to new highs but plenty of viewers siphoned off to Disney+, raising an alarm or at least a lot of questions. AMC Entertainment, the biggest U.S. chain, saw its shares
Shares of the nation’s largest theater chain bucked a down market Tuesday, fortifying their advance of the day before after news that cinemas in New York City will open soon after a year-long lockdown as Covid infection rates fall in the city and state. AMC Ent. stock is up 11% in late morning trades, after
AMC Entertainment and GameStop shares dipped Thursday amid high level meetings to discuss recent trading convulsions and as Reddit users argued furiously on the now infamous WallStreetBeats chatroom about whether to fold or fight. GameStop shares are down 34%, extending yesterday’s losses. AMC Entertainment has slipped 19% and other stocks that were vigorously promoted on
Shares of AMC Entertainment are down nearly 40% today on another wild ride, reversing gains after an explosion of support by retail traders that started last week catapulted stock of the pandemic-pummeled chain to levels not seen since 2017. Around midday, shares of the nation’s largest cinema operator are changing hands at $8.21 That’s still
“There is no way to sugarcoat this for the theater operators,” said one Wall Streeter as exhibition stocks plunged Thursday on WarnerMedia’s bombshell – a reimaging of its entire 2021 release slate that hit an exhibition industry already teetering on the brink. Cinemark shares– up earlier in the session — lost nearly 22% of their
AMC Entertainment stock jumped over 15% at open in a down market Wednesday at open after execs outlined global opening plans at a conference call late yesterday afternoon. Share had popped by over 17% in premarket trade. It’s been a roller coaster – mostly down – for AMC shares since the coronavirus pandemic forced it