AMC Stock: Don't Buy It, Don't Short It, Don't Even Look at It
It's 2021 all over again, apparently. Global movie-theater chain AMC Entertainment (NYSE: AMC ), along with video game retailer GameStop (NYSE: GME ), are back in the spotlight.
Rejected by Robots: AI Thinks You Should Sell These 7 Meme Stocks Now
In this article, we delve into the world of meme stocks and explore the insights provided by cutting-edge AI algorithms. These advanced systems have analyzed market trends, and company fundamentals, to identify seven meme stocks to sell according to AI.
Sell the Meme Stocks in May and Go Away?
Last week, the market experienced a flashback to the meme stock mania of 2021. Keith Gill, famously known as RoaringKitty, reemerged on X, sparking a renewed frenzy among retail traders.
Is the Meme Stocks Rally Already Dead? AMC, GME Investors Lost $13 Billion Last Week.
Meme stocks are still a thing, as last week's incredible rally proved. Shares of GameStop (NYSE: GME ) and AMC Entertainment (NYSE: AMC ) both more than doubled in a matter of days as investors and speculators piled into these high-risk stocks.
AMC Craters On New Woes, GameStop Reports; Are Meme Stocks A Buy Now?
Meme stocks AMC and GameStop have risen and fallen on social media hype.
AMC bonds holding most of their gains after last week's debt-for-equity swap
AMC Entertainment Inc.'s bonds have held on to last week's gains even as the movie-theater chain's shares tumbled in the wake of their meme-stock rally.
3 Meme Stock Disasters to Dump Before They Dive
The meme-stock rally of 2024 was, for the most part, very short-lived. Moreover, most of the meme stocks became stocks to sell by quickly retreated to points not far above their pre-rally levels.
Meme Stock Profit-Taking: 3 Companies to Sell While You're Ahead
With the return of Keith Gill – the trader best known as “Roaring Kitty” – market speculation surged, yet the potentially short-lived nature of the rally presents a case for meme stocks to sell. To be sure, the explosive rally for enterprises like cineplex operator AMC Entertainment (NYSE: AMC ) was nothing short of impressive.
What's Going On With AMC Entertainment Stock?
, also known as Roaring Kitty, brought meme stocks back into the spotlight last week with his return to social media. The rally cooled mid-week, but appears to be attempting a come-back Monday. CEO spoke with Benzinga about the resurgence in meme stocks last week. “Time will tell if meme stocks make a meaningful comeback outside of the renewed interest in the last week. The current meme wave remains highly correlated in the original 2021 meme stocks, such as GME and AMC,” Mazza said. “Considering that AMC already announced plans to issue 23.3 million shares in a debt-for-equity swap, the hype may prove to be short-lived as they’re increasing supply.” AMC is one of the top trending tickers on Monday and the stock is moving on heavy trading volume. According to data from Benzinga Pro, more than 48 million shares have already been traded in the session and 18.82% of shares are being sold short. What’s Going On With GameStop Stock: Is Roaring Kitty Active Again? Is AMC A Good Stock To Buy? Wall Street analysts view AMC Entertainment Holdings on the whole as a Neutral, given the history of coverage over the past three months. from Wedbush in AMC is the most bearish, expecting a 33.33% fall in the stock in the coming year. But looking at how the market as a whole thinks of the stock, you can reference historical price action for views on whether investors feel strongly about the stock one way or another. In the past 3 months, AMC Entertainment fell 2.61%, which indicates that opinion soured on the business and how attractive it is to own based on either its stock price, or underlying fundamentals, like revenue, which fell 0.31% over the past year. A complete overview of how Wall Street views individual stocks is available here, while real time updates on the latest analyst actions will be delivered via Benzinga PRO. Try it for free. According to Benzinga Pro, AMC Entertainment shares are up 0.51% at $4.42 at the time of publication Monday.
Wall Street predicts AMC stock price for next 12 months
After an exciting few days for AMC Entertainment (NYSE: AMC) stock, the shares of the largest movie theater chain the world have started to lose their momentum, and Wall Street experts have retained their relatively pessimistic view of the outlook for AMC stocks in the next 12 months.
Term of the Week: Meme Stock
The financial definition you need to know this week
Is the meme-stock frenzy over already? Possibly, say experts.
It was the week the meme-stock frenzy from 2021 returned with a vengeance — and it may all be over already.
