The Latest Breaking News from AMC Entertainment Holdings Inc

Record-high inflation has been taking a toll on the entertainment industry as consumers cut their entertainment expenses. However, the industry’s long-term prospects look impressive. While we think investors should avoid fundamentally weak entertainment stocks Warner Bros. (WBD) and AMC Entertainment (AMC) this fall, Comcast (CMCSA) could be a quality investment.…

The meme craze is back again, following a pause for a few months, as evident from the short-squeeze-driven rallies of several struggling stocks lately. As the stock market is expected to remain highly volatile in the near term, we think investors should shun fundamentally bleak meme stocks Robinhood Markets (HOOD),…

Since concerns about the Fed’s potential rate hikes and the possibility of further economic contraction are expected to keep the stock market under pressure, fundamentally weak stocks that are on a downtrend this year, such as Plug Power (PLUG), SoFi Technologies (SOFI), AMC Entertainment (AMC), and Forge Global Holdings (FRGE),…

Market volatility is widespread ahead of the Fed’s September rate hike. Moreover, experts are wary of the near-term market uncertainties. Given this volatile backdrop, it could be wise to avoid fundamentally weak stocks NIO (NIO), Twitter (TWTR), Lucid Group (LCID), DraftKings (DKNG), and AMC Entertainment (AMC). Keep reading….

Wedbush analyst Alicia Reese maintains AMC Entertainment Holdings Inc. (NYSE: AMC) with an Underperform rating and lowered the movie theater chain's price target from $4 to $2.

Gainers

AMC Entertainment Holdings, Inc AMC Preferred Equity (NYSE: APE) began trading on Monday, opening at $7.01 and surging to $10.46 within the first 30 minutes of the market open before entering into a sharp decline. APE units were halted several times intraday due to the high level of volatility.

Amid the market uncertainty surrounded by high inflation, aggressive interest rate hikes, and economic slowdown, the meme stock frenzy has returned this year. However, considering the macroeconomic and geopolitical headwinds, it could be wise to avoid fundamentally weak meme stocks AMC Entertainment (AMC), Peloton Interactive (PTON), and Bed Bath &…

Multi-decade high inflation and rising interest rate hikes have increased the odds of the economy slipping into a recession. Since the economic data releases and speculations surrounding them are expected to keep the market volatile, it could be wise to avoid high-trading volume stocks AMC Entertainment (AMC), Snap (SNAP), NIO…