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Amc Entertainment Holdings

All articles tagged with #amc entertainment holdings

finance1 year ago

"AMC Stock Surges 10% in Biggest Gain Since August, CEO Attributes Poor Performance to Anemic Box Office"

AMC Entertainment Holdings' stock rallied over 10% on Tuesday, marking its largest daily gain since August. This comes after hitting record lows, with CEO Adam Aron expressing frustration over the decline. The stock's recent performance contrasts sharply with the meme-stock frenzy, during which it surged to an all-time high. Despite the recent rally, AMC shares have fallen 92.5% over the past 52 weeks, in contrast to the S&P 500 index's gain.

via MarketWatch|
#adam-aron#amc-entertainment-holdings#finance
finance1 year ago

"AMC's Bond Sales Surge as Meme Stock Slumps"

AMC Entertainment Holding Inc.'s shares have been hitting new lows while its bonds have seen net buying activity, with prices holding steady despite the stock's decline. The bond market has seen strong demand as buyers anticipate expected cuts in interest rates, with AMC's shares falling to an all-time low below $4. Despite being a darling of the 2021 meme stock phenomenon, the market source noted that meme buyers were never involved in the bond market, and AMC shares have fallen 92.6% in the last 52 weeks.

via MarketWatch|
#amc-entertainment-holdings#bonds#finance
finance2 years ago

AMC Entertainment's Stock Performance Reflects Revenue Sentiment and Equity Offerings

AMC Entertainment Holdings' low price-to-sales (P/S) ratio of 0.4x compared to the Entertainment industry suggests a potential buying opportunity, but further investigation is needed to determine if it's justified. The company has experienced strong revenue growth, but market sentiment indicates expectations of a decline. Analyst forecasts predict slower revenue growth for AMC compared to the industry, contributing to its low P/S ratio. Shareholders are accepting the low P/S as they anticipate weaker future revenue. A change in fortune will be necessary for the P/S to rise in the future.

via Yahoo Finance|
#amc-entertainment-holdings#finance#industry-analysis
business2 years ago

AMC's Stock Dives 19% Following $350 Million Share Offering

AMC Entertainment Holdings has filed for an "at the market" sale of up to $350 million in common shares, causing its stock to drop by 19.6%. The company plans to use the proceeds to improve liquidity, repay debts, and for general corporate purposes. AMC has been working to reduce its debt load and has recently reported positive net income for the second consecutive quarter. However, its stock has fallen significantly this year compared to the S&P 500's gain.

via MarketWatch|
#amc-entertainment-holdings#business#debt-reduction
entertainment2 years ago

Taylor Swift's Impact on AMC Theaters and Box Office Success Revealed

AMC Entertainment Holdings is experiencing increased foot traffic at its theaters, thanks to the success of Taylor Swift's concert film "The Eras Tour" and summer blockbusters like "Barbie" and "Oppenheimer," according to data from Placer.ai. The data also indicate that cinema chains are approaching pre-pandemic visit numbers, with AMC and Regal seeing smaller declines in foot traffic compared to the previous quarter. The release of "Barbie" and "Oppenheimer" generated significant buzz and repeat visits, while the release of "The Equalizer 3" and the highly anticipated "Taylor Swift: The Eras Tour" further boosted AMC's market share. The Taylor Swift film broke records and has earned $164.79 million globally since its release. AMC reports its third-quarter results on November 8th.

via MarketWatch|
#amc-entertainment-holdings#cinema-foot-traffic#entertainment
finance2 years ago

AMC Entertainment Holdings Shareholders Face Losses After Five-Year Investment

Shareholders in AMC Entertainment Holdings (NYSE: AMC) have experienced a significant decline in their investments over the past five years, with the share price down 94%. While there has been a recent increase in the share price, it is important to assess whether the company's economics justify a higher share price in the long term. AMC Entertainment Holdings has seen a decline in revenue growth, which is concerning for shareholders. This serves as a reminder of the importance of diversification and the fact that there is more to life than money.

via Yahoo Finance|
#amc-entertainment-holdings#diversification#finance
finance2 years ago

Valuing AMC Entertainment Holdings: A Fair Assessment

The estimated fair value of AMC Entertainment Holdings is $8.58, which is 54% lower than the analyst price target of $18.78. Using a Discounted Cash Flow (DCF) model, the company's future cash flows were projected and discounted to today's value. The analysis suggests that AMC is currently trading at about fair value, with a 10% discount to the current stock price. However, the valuation is based on certain assumptions and should be viewed as a rough estimate. The article also highlights weaknesses, opportunities, and threats for AMC Entertainment Holdings, and suggests considering other factors such as risks, future earnings, and alternative investment options.

via Simply Wall St|
#amc-entertainment-holdings#discounted-cash-flow#fair-value-estimate
business2 years ago

AMC's Stock Conversion Settlement Denied, Shares Skyrocket

A judge has denied a proposed settlement on AMC Entertainment Holdings' stock conversion plan, which would have allowed the company to issue more shares. The ruling came after the judge determined that the settlement would release potential claims by preferred shareholders who were not represented in the lawsuit or settlement. AMC's common shares surged 69% while its preferred shares dropped 20% in after-hours trading. The company was sued in February for allegedly rigging a shareholder vote to convert preferred stock to common stock and issue new shares. The conversion would dilute common stockholders' ownership but help pay down the company's $5.1 billion debt.

via CNN|
#amc-entertainment-holdings#business#lawsuit
finance2 years ago

AMC-APE Deal Unlikely in 60 Days as Spread Widens

The spread between AMC Entertainment Holdings' common and preferred shares widened as a settlement in the company's conversion dispute appears unlikely in the next two months, according to a Delaware hearing. The judge tentatively suggested June 29 or June 30 for a settlement hearing. The ongoing court case adds uncertainty and makes trades more costly for many. Implied volatility for AMC July options surged as traders piled in to hedge against a possible settlement at the end of June.

via Yahoo Finance|
#amc-entertainment-holdings#ape#conversion-dispute
business2 years ago

National CineMedia files for Chapter 11 bankruptcy protection.

National CineMedia, the largest movie-theater advertising business in North America, has filed for Chapter 11 bankruptcy protection and entered into a restructuring agreement with its lenders. The move highlights the challenges facing the cinema industry, which is yet to recover from the pandemic slump and a lack of major film releases. Under the restructuring, NCM's secured lenders will convert all its debt into equity, and its listed holding company, National CineMedia Inc, will receive an ownership interest of about 14% in the restructured entity. Shares of the holding company rose more than 60% to $0.33 on Wednesday, having jumped 55% a day earlier after AMC Entertainment Holdings Inc disclosed it had acquired a large stake, making it NCM's second-largest shareholder.

via Yahoo Finance|
#amc-entertainment-holdings#bankruptcy-protection#business
finance2 years ago

Court Ruling Widens Spread Between AMC and APE Shares

The gap between AMC Entertainment Holdings' common stock price and its preferred shares listed under the ticker APE widened after Delaware's Court of Chancery denied the movie theater operator's motion to lift a status quo order, days after the company reached a settlement with retail investors over the stock conversion. The ongoing court case has created uncertainty for risk arbitrage traders looking to capitalize on the spread. They have been betting that the price gap between the two share classes will vanish once the conversion goes through.

via Yahoo Finance|
#amc-entertainment-holdings#ape#court-ruling