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AMC Entertainment Holdings stock price, AMC
AMC Entertainment Holdings stock chart:
AMC Entertainment Holdings close price: 26.9
Stock price forecast:
UP TO +0.19%
Total forecasts: 84
Reached: 0 (0.00%)
Total Win: 0.00 (0.00%)
Showing 1-10 of 457 items.
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AMC Entertainment Holdings latest news:
BRIEF-AMC Entertainment Holdings says amends credit agreement
Amc Entertainment Holdings Inc. * AMC Entertainment Holdings - on June 13, co entered fourth amendment to credit agreement amending credit agreement dated April 30, 2013. * AMC Entertainment Holdings - fourth amendment increased revolving loan commitment under credit agreement from $150.0 million to $225.0 million - SEC filing Source text - http://bit.ly/2rodlc2 Further company coverage:
AMC investors are not pricing in the company's strategic moves
AMC is considering tacking on a $1 charge to movie tickets bought during the weekend, among other measures to spur growth. Investors are missing the value in AMC Entertainment Holding Inc.' s stock, according to MKM Partners analyst Eric Handler. Shares of the theater chain were down as much as 2% on Thursday, tracking declines in other film exhibitors.
IMAX shares fall more than 5% leading film exhibitors down in disappointing summer movie season
Film exhibitors continue to experience stock declines as the summer movie season has gotten off to a rough start. Shares of Imax Corp. were down more than 5%, leading the exhibitor space downward, with AMC Entertainment Holding Inc. shares falling nearly 4% and shares of Cinemark Holdings Inc. and Marcus Corp. falling slightly. Regal Entertainment Group shares were up less than 1%. The declines follow a Tuesday selloff that came after the 4-day Memorial Day holiday weekend had the lowest gross in 18 years. "Although Imax has the benefit of global exposure and more local content than the pure play exhibitors, their business is still focused on major blockbuster films and, with a number of those underperforming as of late, we would not be surprised if incremental concerns over near-term results and negative leverage on the model on weaker box office results is causing the selling pressure," B. Riley analyst Eric Wold said. The summer box office, so far through the season, is down 4.7% compared with last year's gross during the same time frame. Shares of the S&P 500 index were down slightly in intraday trade on Wednesday.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Movie theater stocks suffer after a disappointing Memorial Day weekend at the box office
Shares of movie exhibitors and theater chain operators were down Tuesday after the box office suffered its lowest 4-day Memorial Day weekend draw in 18 years. AMC Entertainment Corp. led the decline, falling nearly 5%, while IMAX Corp. fell 4%, Cinemark Holdings Inc. fell more than 2% and Marcus Corp. fell 2%. Regal Entertainment Group's was less severe, falling less than 1%. The box office brought in an estimated $179.0 million over the 4-day weekend, which is the lowest gross for the typically busy weekend since 1999, said ComScore analyst Paul Dergarabedian. Foot traffic at the multiplex, which has been relatively stagnant for years, disappointed over the weekend. Dergarabedian said the slate of movies so far this summer, aside from Walt Disney Co.'s "Guardians of the Galaxy Vol. 2," have been poor. Disney's "Pirates of the Caribbean: Dead Men Tell No Tales" topped the holiday box office but received little help from critics, pulling in $77.0 million, according to ComScore estimates. The box office's other new comer, "Baywatch," distributed by Viacom Inc.'s Paramount Pictures pulled in just $23.0 million. So far in the summer season, the box office is down 5.6% compared with the same time frame last year. "The pressure is on right now," Dergarabedian said, as the industry looks to June releases "Wonder Woman" from Time Warner Inc.'s Warner Bros., Disney's "Cars 3" and "Despicable Me 3" from Comcast Corp.-owned Universal Pictures. The S&P 500 index was flat during Tuesday trade.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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