The movie-theater chain and original meme stock is riding a broader industry rebound, according to an analyst at B. Riley Securities.
AMC shares were up in premarket trading Monday after the movie-theater chain said it has shaved almost $153 million off its debt load.
AMC Entertainment (AMC) concluded the recent trading session at $4.50, signifying a -0.88% move from its prior day's close.
Recently, Zacks.com users have been paying close attention to AMC Entertainment (AMC). This makes it worthwhile to examine what the stock has in store.
AMC's focus on operational efficiency and innovative content bodes well. However, a challenging North American box office is a concern.
The largest theater chains including AMC Entertainment , Regal Cinemas and Cinemark will invest more than $2.2 billion over the next three years to upgrade theaters in the U.S. and Canada, an industry group announced on Thursday.
AMC Entertainment (AMC) stock price has moved sideways in the past few months as concerns about its upcoming maturities and the trends in the box office continues. It has been stuck at $5 since May, where it has been in the past few months.
AMC Entertainment (AMC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Charter Communications and AMC Networks on Wednesday said they have agreed to an early renewal of a distribution agreement, allowing Charter to carry AMC's portfolio of linear cable networks for multiple years.
Zacks.com users have recently been watching AMC Entertainment (AMC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
The movie business is on a comeback trail.
AMC Entertainment's financial position remains precarious, with negative working capital and higher interest rates following the refinancing deal. Consumer trends and reduced spending capacity pose risks to AMC's revenue recovery and operating income, potentially leading to further declines. Despite debt refinancing reducing immediate bankruptcy risks, the high-interest rates and dilutive terms may lead to an inevitable failure of AMC's equity.