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There's still time for a Hollywood ending for AMC Entertainment (AMC -4.86%). The multiplex operator may be trading more than 99% below the split-adjusted high it reached four summers ago, but momentum is on its side these days.
AMC (AMC -1.50%), the world's largest owner of movie theaters, was also one of the original meme stocks that popped in 2020 and 2021.
AMC Entertainment (AMC -0.30%) share prices popped after the company saw a record Memorial Day weekend, and investors got excited about the prospects of a strong summer movie season ahead. However, the stock is still very beaten down, with shares trading down roughly 31% over the past year as of this writing and down almost 90% over the past five years.
In the closing of the recent trading day, AMC Entertainment (AMC) stood at $3.35, denoting a -1.47% change from the preceding trading day.
AMC (AMC 0.29%) is the largest movie theater operator in the world, but being the leader in a troubled industry hasn't done much for the company over the past few years. With the advent of streaming and residual fears from the pandemic, moviegoing just isn't what it once was and AMC continues to struggle.
AMC Theaters is confident its new business model of running ads before movies won't discourage filmgoers from coming to movies at the theater chain.
AMC Entertainment (AMC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
LEAWOOD, Kan.--(BUSINESS WIRE)--AMC Theatres® (NYSE:AMC), the largest theatrical exhibitor in the United States and the world, today announced that its annual AMC Summer Movie Camp program is returning to theatres for summer 2025. Throughout the summer, guests can enjoy family-friendly titles from DreamWorks Animation and Illumination at select AMC locations throughout the United States. A new title will be featured each week, with screenings offered on Mondays and Wednesdays at 11 a.m. and 2 p.
Shares of AMC, CNK and MCS jump as Memorial Day records fuel theater industry revival and highlight surging demand for premium moviegoing experiences.
AMC Entertainment Holdings (NYSE:AMC) shares soared after the cinema chain reported record weekend revenue over Memorial Day, driven by strong openings from Disney's Lilo & Stitch and Paramount's Mission: Impossible – The Final Reckoning. It set all-time weekend records for admissions revenue, food and beverage revenue and overall revenue at its US locations.