AMC Stock Plummets 5% Amidst Volatile Trading

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4 days ago
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AMC Entertainment Holdings (AMC, Financial) experienced a significant stock movement, with its price plummeting by 5%. The shares are currently priced at $4.18, showing a trading volume of 7.43923 million shares and a turnover rate of 2.06%. The price fluctuation of the stock reached 4.77%.

Recent financial reports indicate that AMC generated $1.031 billion in revenue but reported a net loss of $32.80 million. The earnings per share were at a negative $0.10, with a gross profit recorded at $220 million and a price-to-earnings ratio of -3.49. As of now, no institutional ratings suggest a "buy," "hold," or "sell" for AMC shares.

Within the entertainment industry, which AMC is a part of, the overall decline was 1.67%. Among its peers, stocks like Anghami Inc C/Wts 03/02/2027, Mega Matrix Corp., and Alliance Entertainment Holding Corporation saw considerable gains. Meanwhile, companies such as Color Star Technology, iQiyi, and AMC remained active, with turnover rates at 18.80%, 3.54%, and 2.06%, respectively. Stocks with significant price fluctuations included Mega Matrix Corp. with 26.88%, Color Star Technology with 23.14%, and Anghami Inc C/Wts 03/02/2027 with 21.00%.

AMC Entertainment Holdings Inc operates primarily in the theater exhibition business. It manages theaters across the United States and Europe, offering amenities like blankets, electric recliners, a full-service MacGuffins bar, AMC dine-in theaters, and premium screenings. The company divides its operations into two segments: the U.S. market and the international market, with the majority of revenue coming from the United States.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.