AMC Stock Jumps 5% As Q1 2022 Results Beat Estimates
(AMC) Shares of AMC rose more than 5% in premarket on Tuesday after reporting revenues of $785.7 million in the first quarter of 2022. The revenue was a rise from…
AMC Announces a 22% Stake in Hycroft in a Push to Gold and Silver Exposure
(AMC) AMC Entertainment Holdings inc. is buying a 22% stake in Hycroft Mining Holding Corp. as it seeks to “lengthen its financial runway.” The investment by the world’s leading movie-theater…
AMC Revenue Tops $1Billion in the Fourth Fiscal Quarter 2021
(AMC) AMC Entertainment Holdings reported total revenue of $1.172 billion in the fourth quarter of 2021, up from $162.5 million in the prior year. For FY21, AMC revenues were $2.53…
AMC Narrows Net Loss to Below $194.8 Million in Preliminary Q4 2021 Results
(AMC) AMC Entertainment Holdings Inc. estimates its net loss to be $194.8 million to $114.8 million in the fourth quarter of 2021, down from a net loss of $946.1 million…
AMC CEO and CFO Send Stock Tumbling After Cutting Holdings
(SEC Filing) Meme stock AMC Entertainment Holdings extended losses in premarket after closing down almost 9% on Thursday after top chiefs sold more stock. AMC CEO Adam Aron sold 312,500…
AMC Users can Now Purchase Tickets Using BTC, ETH, Litecoin, and Bitcoin Cash
(Twitter) Cinema giant AMC Entertainment has started accepting Bitcoin, Bitcoin Cash, Ether, and Litecoin as payment options for ticket purchases. CEO Adam Aron says Dogecoin would be the next to…
AMC Flaunts the Idea of Including Shiba Inu as a Payment Option
(Twitter) Movie giant AMC Theatres is exploring the idea of adding Shiba Inu to its payment options for tickets and concession stand purchases. In a Twitter poll, CEO Adam Aron…
AMC to Expand Crypto Payment Options to Include ETH, LTC, and BCH
(CryptoPotato) AMC theatres will start accepting Ethereum, Litecoin, and Bitcoin Cash as payments, expanding options beyond Bitcoin. Litecoin reacted to AMC’s announcement, gaining 6% to reach $192, while Ethereum surged…
A Run-up in Meme Stocks Sees Small Cap Russell 2000 Value Index Up 21% in 2021
Small cap Russell 2000 value index is up 21% this year, thanks to the growing popularity of meme stocks led by AMC and GameStop. Comparatively, the Russell 2000 growth index,…
AMC Cuts Losses in the Second Quarter to $344 Million
(AMC) AMC’s net loss for the quarter ending June 30 was $344.0 million, down from a loss of $561.2 million in the comparable quarter of 2020. Revenue for the second…
AMC Stock Surges 15% as Retail Frenzy Grows on “#AMCDay”
Meme Stock AMC Entertainment Holdings jumped 15.38% after retail traders tried to push it back to $60 a share on Monday’s so-called #AMCDay. #AMCDay ranked third on Twitter trends on…
AMC Stock Price: Key Levels to Watch Next
The AMC stock price had a parabolic move on Wednesday as retail investors piled into the company. The shares jumped by more than 100% and ended the day at $62.55.…