Shares of AMC Entertainment Holdings, Inc. (NYSE:AMC - Get Free Report) rose 5.7% on Friday . The company traded as high as $2.72 and last traded at $2.6850. 14,127,914 shares were traded during trading, a decline of 62% from the average session volume of 36,767,988 shares. The stock had previously closed at $2.54.
Key AMC Entertainment News
Here are the key news stories impacting AMC Entertainment this week:
- Positive Sentiment: CEO Adam Aron sharply criticized Robinhood Markets for offering tokens linked to AMC stock, calling the practice unacceptable and warning that AMC could pursue legal action unless the listings are removed. Investors appear to view the confrontation as a defense of existing shareholders and a potential catalyst if Robinhood withdraws the products. Why is AMC stock gaining today?
- Positive Sentiment: AMC’s launch of Leawood Films creates a new distribution business intended to bring smaller movies to theaters. Investors are assessing the venture as a possible growth avenue that could improve content availability and support theater economics, alongside continued interest in premium-format demand and recent operating momentum. AMC Enters Film Distribution With Leawood Films: Time to Buy the Stock?
- Neutral Sentiment: Coverage highlighted that trading in a tokenized AMC-linked asset does not represent ownership or control of the company’s actual shares. The related crypto speculation may be increasing attention around AMC, but it does not directly change AMC’s fundamentals. The Stock-Paired Memecoin Squeeze Is a Lie
- Neutral Sentiment: Broader markets were mixed after new U.S. employment data, providing limited direction for AMC and leaving company-specific headlines as the primary trading catalyst. Stock Futures Trade Mixed After Key Jobs Data
- Negative Sentiment: Although Leawood Films offers potential growth, analysts continue to flag AMC’s leverage and cash-flow risks. The new venture will need to generate meaningful results without adding excessive financial pressure. AMC Enters Film Distribution With Leawood Films
Wall Street Analyst Weigh In
A number of analysts have recently commented on the stock. UBS Group restated a "buy" rating on shares of AMC Entertainment in a report on Tuesday, July 21st. Wall Street Zen raised shares of AMC Entertainment from a "strong sell" rating to a "hold" rating in a research report on Saturday, May 9th. Citigroup reiterated a "sell" rating on shares of AMC Entertainment in a report on Tuesday, July 21st. Texas Capital raised shares of AMC Entertainment from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, July 15th. Finally, Roth Capital set a $1.50 target price on AMC Entertainment in a research note on Tuesday, May 19th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, AMC Entertainment currently has a consensus rating of "Hold" and an average price target of $2.53.
Read Our Latest Stock Report on AMC
AMC Entertainment Stock Performance
The business's fifty day moving average price is $2.35 and its 200-day moving average price is $1.80. The stock has a market cap of $2.40 billion, a PE ratio of -2.52 and a beta of 2.01.
AMC Entertainment (NYSE:AMC - Get Free Report) last released its quarterly earnings data on Monday, July 20th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of ($0.03) by $0.17. The company had revenue of $1.60 billion for the quarter, compared to analysts' expectations of $1.50 billion. Analysts forecast that AMC Entertainment Holdings, Inc. will post -0.2 earnings per share for the current fiscal year.
Institutional Trading of AMC Entertainment
Hedge funds have recently bought and sold shares of the company. Summit Asset Management LLC bought a new stake in shares of AMC Entertainment during the 2nd quarter valued at about $28,000. Triumph Capital Management boosted its holdings in shares of AMC Entertainment by 139.0% in the fourth quarter. Triumph Capital Management now owns 19,000 shares of the company's stock worth $30,000 after buying an additional 11,050 shares during the last quarter. Royal Bank of Canada increased its holdings in AMC Entertainment by 90.7% during the first quarter. Royal Bank of Canada now owns 33,657 shares of the company's stock valued at $33,000 after buying an additional 16,011 shares during the last quarter. Pitcairn Co. purchased a new stake in AMC Entertainment during the second quarter valued at approximately $34,000. Finally, Powell Investment Advisors LLC purchased a new position in shares of AMC Entertainment during the 4th quarter worth $39,000. Hedge funds and other institutional investors own 28.80% of the company's stock.
About AMC Entertainment
(
Get Free Report)
AMC Entertainment Holdings, Inc operates as a leading movie exhibition company, specializing in the presentation of theatrical motion pictures across a network of multiplex cinemas. The company's core business activities encompass ticket sales, concession and refreshment services, and the licensing of premium viewing formats. AMC offers a variety of auditorium experiences, including IMAX®, Dolby Cinema™, and Cinemark's RealD 3D systems, designed to enhance audience engagement through superior sound, visual clarity, and seating comfort.
Originally founded in 1920 with its first theatre in Kansas City, AMC has evolved into one of the largest theater chains in the world.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider AMC Entertainment, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AMC Entertainment wasn't on the list.
While AMC Entertainment currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation.
Inside this report, you’ll find 10 companies positioned to benefit as artificial intelligence moves from hype to real-world deployment and becomes a core growth driver for corporate America.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
