Amc Entertainment Shares Drop Despite Strong Earnings Strike Deal

Amc Entertainment Shares Drop Despite Strong Earnings Strike Deal
Amc Entertainment Shares Drop Despite Strong Earnings Strike Deal

Amc Entertainment Shares Drop Despite Strong Earnings Strike Deal Amc shares plunged today despite record quarterly earnings as the giant theater chain filed with sec to sell up to $350 million worth of stock — offsetting any bump that could been expected. Exhibitor amc entertainment posted a loss of 10 cents a share and saw revenue slide 24% in the second quarter due to the strike hit movie pipeline.

Amc Why Are Shares Of Amc Entertainment Holdings Surging
Amc Why Are Shares Of Amc Entertainment Holdings Surging

Amc Why Are Shares Of Amc Entertainment Holdings Surging Amc stock today: amc entertainment reports remarkable second quarter earnings, cutting losses from $32.8 million to $4.7 million, driving stock price surge over 8%. box office attendance jumps 26%, signaling industry recovery. New york amc entertainment (nyse: amc) holdings, inc. (nyse:amc) reported third quarter earnings that beat analyst estimates, but revenue fell short of expectations, causing shares to. Summary amc delivered strong q2 revenue growth of nearly 36%, driven by a robust domestic box office, beating street estimates by $60 million. despite its operating profit, amc remains burdened by. Shares of theater company amc entertainment (nyse:amc) fell 3.4% in the afternoon session after concerns about its recent financial performance and the general volatility associated with.

26 Amc Shares Images Stock Photos Vectors Shutterstock
26 Amc Shares Images Stock Photos Vectors Shutterstock

26 Amc Shares Images Stock Photos Vectors Shutterstock Summary amc delivered strong q2 revenue growth of nearly 36%, driven by a robust domestic box office, beating street estimates by $60 million. despite its operating profit, amc remains burdened by. Shares of theater company amc entertainment (nyse:amc) fell 3.4% in the afternoon session after concerns about its recent financial performance and the general volatility associated with. Amc shares fell wednesday, reversing tuesday's gains despite no company news. the drop follows a surge from record memorial day weekend box office results. Amc has seen decreasing volume since plunging 35% on sept. 6, when the stock broke down from a bear flag pattern on the daily chart, which benzinga pointed out earlier that day. Investors will be eagerly watching for the performance of amc entertainment in its upcoming earnings disclosure. Heading into today, shares of the movie theater operator had lost 11.51% over the past month, lagging the consumer discretionary sector's gain of 7.27% and the s&p 500's gain of 3.77% in that.

Comments are closed.