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AMC Entertainment Shares Surge, Bucking Soft Market
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…
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1 Comments Comment on AMC Entertainment Shares Surge, Bucking Soft Market
Movie Chain Stocks Flop, Disney Jumps As Wall Street Picks Apart ‘Black Widow’ Weekend; Is The Bloom Off Meme Stock AMC?
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…
AMC Entertainment Stock Pops In Glum Market As NYC Cinemas To Reopen; Industry Awaits Los Angeles
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 16% in late morning trades after surging 15%…
AMC Ent., GameStop Shares Dip As Reddit Revolution Wanes, Feds Scrutinize Trades; “System Is Rigged”, User Posts
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 WallStreetBets chatroom about whether to fold or fight.
GameStop shares are down 34%, extending Wednesday's losses. AMC Entertainment has slipped…
Mark Cuban Tutors Reddit Traders On Next Move As AMC Entertainment, GameStop Fall; “If You Can Afford To Hold The Stock, You Hold”
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…
WarnerMedia’s HBO Max Movie Move Sinks Exhibition Stocks, Throws Down Streaming Gauntlet
"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…
AMC Entertainment Stock Pops On Global Opening Hopes
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…
AMC Stock Hits Highest Point Since February As COVID Comeback Hopes Kick In
Shares in AMC Entertainment jumped 9% Monday to close at $6.46, their highest level since late February, the point when COVID-19 started to decimate the global movie theater business.
The leading exhibitor’s stock, which had plunged below $2 in April on mounting fears of bankruptcy, peaked at $6.84 during the trading…
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By Dade Hayes
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Showbiz Stocks Surge From Theater Chains To Broadcasters On Glimmer Of Market Hope Pandemic Is Running Its Course
UPDATED at market close
Stocks rallied sharply Monday with many media shares outpacing the broader market as Wall Street – at least for today – evinced a glimmer of hope at the U.S. trajectory of the coronavirus pandemic, even as Wall Street analysts have only begun to calculate the dire impact of the virus on…
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