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AMC

AMC Prepares for Q1 Earnings Amidst Hollywood StrikesAMC Entertainment Holdings Inc., ( NYSE:AMC ) the renowned movie theater chain based in Leawood, Kansas, recently preannounced its first-quarter results, providing insights into its financial performance amidst challenging industry conditions. Despite headwinds caused by Hollywood strikes and reduced box office releases, AMC anticipates its Q1 results to exceed analyst estimates, showcasing resilience in a turbulent market environment. Challenges Amidst Hollywood Strikes: The 2023 Hollywood writers and actors strikes have adversely impacted the box office, leading to fewer movie releases and affecting theater chains like $AMC. Despite these challenges, CEO Adam Aron noted that AMC outperformed expectations, exceeding consensus estimates for revenue, adjusted EBITDA, net income, and diluted EPS. The preannouncement revealed expected revenue of $951.4 million and a net loss of $163.5 million, highlighting the company's ability to navigate through difficult market conditions. Financial Outlook and Stock Sale Update: NYSE:AMC anticipates adjusted EBITDA for Q1 to be negative at $31.6 million, reflecting a wider loss compared to the previous year. The company also provided an update on its stock sale activities, revealing the sale of 12.8 million shares and raising gross proceeds of $41.8 million as of April 25. Despite the challenges, NYSE:AMC remains committed to its turnaround efforts and debt repayment obligations. Ebullient Outlook and Forward Guidance: Looking ahead, CEO Adam Aron expressed optimism about the upcoming film slate and expects a strengthening box office performance as the year progresses. While acknowledging the continued impact of Hollywood strikes on Q2 box office revenues, NYSE:AMC remains optimistic about its future prospects. The company's strategic focus on adapting to evolving market dynamics and leveraging its retail investor base underscores its commitment to long-term growth and sustainability. Conclusion: AMC's preannouncement of Q1 results provides valuable insights into its financial performance amidst industry challenges and ongoing turnaround efforts. Despite facing headwinds from Hollywood strikes and reduced box office releases, NYSE:AMC remains resilient, exceeding analyst expectations and showcasing its ability to navigate through turbulent market conditions. As the company prepares to release its first-quarter results on May 8, investors remain vigilant, anticipating further updates on AMC's financial performance and strategic initiatives.
NYSE:AMCLong
by DEXWireNews
1
AMC 's CEO says no to bankruptcy and so it pumps LONGAMC on the 60 minute chart shows an early reversal out of a three week downtrend after two months of a wide ranging price action that was sideways. The more or less takes bankruptcy considerations off the table. In the meanwhile, the streaming services continue to beat down movie theaters. No matter, AMC has new bullish momentum and the trading volumes to support it. The PVT indicator shows the new trend. The TTM Squeeze indicator triggering has relevance. The trend is your friend especially if you befriend it early. You never know, the short squeeze Ape Nation has been hoping maybe just maybe could happen. I will take a long position of shares here and insure them partially with a put option to cover a wide stop loss of 15% given the expected volatility. For the shares, targeting 3.85 with 35%, 5.50 with 25% and the remaining 50% to run with a trailing stop loss.
NYSE:AMCLong
by AwesomeAvani
AMC Stock Surges 10.29%: A Glimmer of Hope Amid TurmoilIn a surprising turn of events, AMC Entertainment Holdings Inc. ( NYSE:AMC ) saw its stock surge by 8.46% on Wednesday early Market trading, marking its 2nd most significant single-day gain since February 6. This unexpected rally comes amidst a period of volatility for the movie theater chain, which has endured a series of record lows and a steep decline of 55.6% in 2024 alone. Despite recent challenges, including speculation about possible bankruptcy, AMC's Chief Executive Adam Aron remains steadfast in his confidence about the company's future. Aron dismissed the notion of Chapter 11 bankruptcy, emphasizing AMC's resilience and strong position prior to the pandemic. Indeed, NYSE:AMC has been actively addressing its debt burden, with measures such as completing an equity offering and filing to sell additional stock. These efforts, coupled with a strategic focus on cash management, reflect AMC's commitment to navigating through turbulent times. Analysts, too, are cautiously optimistic about AMC's prospects. While acknowledging the debt challenges, Benchmark analyst Mike Hickey points to AMC's strengths, including its prominent presence in the Imax market and potential growth opportunities in premium viewing formats. Despite ongoing speculation, Hickey believes that an immediate collapse for NYSE:AMC is unlikely. As the cinema sector prepares for blockbuster releases and the domestic box office shows signs of improvement, AMC's recent stock rally could be a glimmer of hope amidst the uncertainty. As NYSE:AMC continues to navigate through the evolving landscape of the entertainment industry, investors and stakeholders alike are closely watching for signs of recovery and resilience. With each milestone and strategic move, AMC is writing a new chapter in its story, one that reflects resilience, adaptation, and the enduring spirit of cinema. This latest surge in NYSE:AMC 's stock price serves as a reminder of the company's resilience and the potential for brighter days ahead in the world of entertainment. Technical Outlook NYSE:AMC stock surged 10.29% in early Wednesday Market trading marking its highest gains since February 2024. The Relative Strength Index (RSI) rose to 38.90 from a record low of 19.98. The 4-month price chart indicates a morning star pattern further ascertaining to the bullish trend of NYSE:AMC stock.
NYSE:AMCLong
by DEXWireNews
3
Ape's Guide to AMC: Charting the Rise of the Silverback StockJoin me as I break down the wild ride of AMC stock, "Ape’s Guide to AMC: Navigating the Stock Jungle". I’ll walk you through the massive swings from a high of $380 to the current low at $2, and discuss what could be coming next. From the big drop to the dramatic rise, and the steep fall we’re seeing now, I cover it all. I'm also talking about the potential for a stock split in the future and why AMC might be setting up for a massive gain by 2030. Whether you're deep in the stock game or just thinking about jumping in, this video gives you the essentials on AMC’s potential.
NYSE:AMCLong
by DigitalSurfTrading
4
AMC Entertainment's Stock Plummets 16% on Proposed Stock SaleAMC Entertainment ( NYSE:AMC ), the nation's largest theater chain, is facing turbulent times once again as its shares plummet over 16% in response to a proposed stock sale of up to $250 million. The company cites a soft first-quarter box office and increased cash burn as reasons behind the move, leaving investors concerned about the chain's financial stability. The decision to raise capital through stock sales comes amid ongoing challenges for NYSE:AMC , exacerbated by last year's Hollywood strikes and subsequent cash flow disruptions. Despite a slight bounce in premarket trading, AMC's stock remains down significantly, highlighting investor skepticism about the company's ability to weather the storm. The pandemic dealt a severe blow to AMC's financial health, pushing it to the brink of bankruptcy. While its meme stock status provided a temporary reprieve, the underlying debt burden and operational challenges persist. CEO Adam Aron has emphasized the importance of bolstering liquidity to navigate the uncertainties ahead, even as retail investors express concerns about dilution of their stake. The company's recent fourth-quarter numbers offered a glimmer of hope, with improved performance attributed in part to successful film releases like Taylor Swift's The Eras Tour. However, Wall Street analysts remain cautious, citing AMC's significant financial leverage and the looming specter of potential balance sheet restructuring. Moody's Investor Services has underscored the precarious nature of AMC's debt capital structure, warning of the possibility of further distressed exchanges or restructuring. As AMC charts its course forward, investors are left grappling with the uncertain future of the iconic movie theater chain in an ever-evolving entertainment landscape. In the face of mounting challenges, AMC's resilience will be put to the test once again. Whether it can successfully navigate these turbulent waters and emerge stronger on the other side remains to be seen. Stay tuned as NYSE:AMC Entertainment continues to navigate the highs and lows of the movie industry, with investors eagerly watching for signs of stability amidst the storm.
NYSE:AMC
by DEXWireNews
2
WORX - Position taken/ Watching for a short squeeze LONGWORX is shown here on a weekly chart. Basically it has been falling since COVID. Apparently, a Chinese company manufacturing electric landscaping and yard maintenance tools. In the past four days a big move up from 1.40ish to over 3. Looking to the left, it traded at 125 around the time of COVID. The FINRA short indicator had a burst of activity and the relative volume is 20-40X. In the context of things, shorts could have been taking positions dating back as far as four years and may now be buying to liquidate their positions and realize profits. Any rising price action will stimulate more of the same synergized with new buyers stepping in to get a piece of the action. I am now one of them. My targets of 6.8, 8.7 and 11.8 are drawn on the chart from pivots in the past year. The 4H RSI on the dual time frame indicator shows a rise over 50 while the weekly RSI line is chronically low and not yet changing. If the short squeeze takes off, the targets will be met quickly. Hype in trading rooms and social media like Reddit will add fuel to the price action in rising volume. Volumes over 100 million typically cause more interest which helps sustain the volumes. Shorts buying to cover adds more to even more volume.
NASDAQ:WORXLong
by AwesomeAvani
AMC can price rise from the all-time low ? LONGOn this 15 minute chart I see support for upside on AMC now at its all time lows. My target is recent tweezer tops at 4.27 with a stop loss set at 3.93. Any price rise at all will likely start short seller's buying to cover and close to be added to new long buyers supporting a move higher. The dual TF RSI indicator shows a bottom at the all time low and bullish divergence compared with the price action which is sideways for the moment. The Mass Index indicator with a rise then fall over the threshold and trigger levels has signaled a reversal. I will take a long trade of both long shares and a call option. An alternative to hedge is long shares and put options at a ratio of 100:1 with the puts as cheap " insurance". If a short squeeze ( ? moonshot) ensues, the put option will stop out or get crushed to a complete loss of no consequence in the greater overall trade. DISCLAIMER Any long trade from an all-time bottom is extremely risky- only trade cash that you can afford to burn and not feel bad about it.
NYSE:AMCLong
by AwesomeAvani
1
AMC Faces Uphill Battle Amidst Dwindling Box Office & Debt Woes As the curtain falls on another tumultuous year for AMC Entertainment Holdings Inc (NYSE: NYSE:AMC ), investors brace themselves for what could be a defining moment in the company's trajectory. With AMC (NYSE: NYSE:AMC ) stock plummeting to new lows and a bleak outlook for the cinema industry, CEO Adam Aron finds himself navigating treacherous waters filled with debt obligations and shifting consumer preferences. The recent plunge in AMC's stock price, hitting a new 52-week low of $3.63 per share, reflects the harsh reality facing the cinema giant. Despite the optimism surrounding the industry's recovery post-pandemic, AMC's (NYSE: NYSE:AMC ) struggles persist, exacerbated by external factors such as the lingering effects of the 2023 Writers Guild of America strike. The impact of the strike on the 2024 box office cannot be understated. With projections suggesting a staggering decline of at least $1 billion in domestic box office revenue, AMC (NYSE: NYSE:AMC ) and its peers face an uphill battle to reignite consumer interest in traditional moviegoing experiences. The rise of streaming platforms continues to pose a formidable challenge, forcing AMC (NYSE: NYSE:AMC ) to reimagine its business model and adapt to an evolving landscape. One of the key concerns weighing on AMC's (NYSE: NYSE:AMC ) performance is its ballooning debt. The company's aggressive measures to pay down debt, including dilution through share offerings, have left investors wary. AMC's (NYSE: NYSE:AMC ) outstanding shares surged by 29.52% in 2023 alone, reflecting a pattern of dilution that threatens to erode shareholder value over time. The recent $350 million at-the-market offering, coupled with additional share issuances to service debt obligations, underscores the urgency of AMC's (NYSE: NYSE:AMC ) financial predicament. As the company strives to strike a delicate balance between debt reduction and shareholder interests, the path forward remains fraught with uncertainty. Against this backdrop, AMC's upcoming earnings report for the fourth quarter and full year ended December 31, 2023, assumes critical importance. Investors eagerly await insights into the company's performance and strategic initiatives to navigate the challenges ahead. The earnings webcast scheduled for February 28, 2024, offers a platform for stakeholders to gauge AMC's prospects and pose pertinent questions to company executives. Amidst mounting concerns, CEO Adam Aron faces the daunting task of restoring investor confidence and charting a course towards sustainable growth. However, amidst the gloom, there are glimmers of hope for AMC (NYSE: NYSE:AMC ). The company's relentless pursuit of innovation, including initiatives like AMC Theatres Distribution and partnerships with leading artists, demonstrates a commitment to diversifying revenue streams and enhancing the cinema experience. As AMC endeavors to weather the storm, it remains to be seen whether the company can emerge stronger from its current challenges. With the global cinema landscape undergoing seismic shifts, AMC's fate hangs in the balance, with stakeholders eagerly awaiting the next chapter in this unfolding saga.
NYSE:AMCLong
by DEXWireNews
4
Can AMC continue after a good trading day ? LONGAMC on a 30-minute chart is putting in a double bottom. In mid-December, a symmetrical head and shoulders is formed. The right shoulder being higher than the left makes for a diagonal neckline which yields a target in the area of 5 confluent with the level of a high pivot on January 10th. A standard Fibonacci retracement of the Janaury trend down would put a target at about 4.55. The AI predictive tool looking back for similar patterns has printed a buy signal. On this instrument at this time frame, the indicator has a 98% accuracy for win rate. The ADX indicator shows a line cross and a "green" bull trend beginning. Overall, I find AMC to be set for a long trade targeting 4.5 and 4.95 for one-third each with the remaining to run in case a short squeeze gets underway.
NYSE:AMCLong
by AwesomeAvani
Aditya AMC quarterly result tradeAditya Birla Sun Life AMC Ltd the company of the old and prestigious Birla group has posted its best ever quarterly result with highest sales and net profit. The quarterly has profit has increased to 209 crore and its growth is supported by the accelerated growth of whole mutual fund industry. The target price is 700 for about 47% potential gain It is a high potential company because of the following factors- Return on capital employed >30 Debt to equity <0.1 Net profit preceding 12months >500 Net Profit latest quarter >100 Please do your own analysis before investing or trading. Thank you and do like and follow if you like my analysis.
NSE:ABSLAMCLong
by ronak16125
Did AMC Bottom? I know #AMC has been nothing to look at, but sometimes you gotta stick with your gut. The four hour chart looking like a db but the bigger picture is if you zoom out to the daily or the weekly. Price has been sitting on the 4.00 level unable to break lower. Bigger picture price seems to have resest and is siittin on a previous order block. It may be wishful thinking but I think at this price it cant hurt. Long on AMC please comment or boost this idea if you agree
NYSE:AMCLong
by pippin_aint_easy79
10
CALL ME CRAZY but $AMC is about to cycle #bullish $5-7.50 test I have noticed a trend in the recent price action of $AMC. ** We closed 2023 at $6.18** Upon hitting the $4 (4.08) region AMC shows signs of bullish outbreak. When testing 4.08 on 1/17/24 it implused up to test 4.80 almost $5 test in the next 5 trading days following. DON'T LET THE MEDIA FOOL YOU! "MeMe StOcKs ArE dOnE" Waiting on Cramer to diss NYSE:AMC again as another leg on confluence Testing TWICE can possibly confirm a double bottom which is another confluence for a bullish outbreak as bottom has formed. NYSE:AMC has not adhered to typical technical analysis in the past as it is heavily manipulated. This week has some large earning reports in tech sector which can possibly provide EXTRA volume to push NYSE:AMC back above $5. I am entering a 7.55C 2/23 exp at market price of $4.15 #bullish #AMC #breakout #memestock This is simply a thesis and not Financial advice. Please use your own risk management and judgement.
NYSE:AMCLong
by chestephens1
AMC Entertainment (NYSE: AMC) Stock: Buy or Sell? AMC shares are currently trading near their all-time low, despite the fact that the company's fundamentals are at their strongest since the onset of the pandemic. AMC Is Trading at an All-Time Low AMC Entertainment (AMC) - would be classified as a penny stock right now if it weren't for the 1-for-10 reverse stock split that the company implemented at the end of August. In fact, if it hadn't been for the reverse split, AMC — which trades for around $6 — would be worth 69 cents per share today. AMC reached an all-time high of $551 per share in 2021 (adjusted for the reverse stock split). However, the stock has experienced a significant decline in value since August. This decline can be attributed to the substantial dilution that resulted from the conversion of preferred shares into common stock. This downward trend contrasts with the sustained high share price levels that AMC enjoyed over the past two years, supported by its loyal retail shareholders, affectionately referred to as the "Apes." The technical indicators reveal significant selling pressure on AMC shares in recent months. The 14-day Relative Strength Index (RSI) reads 29, indicating oversold conditions. In such a situation, a reversal becomes more likely if a catalyst emerges to alleviate the selling pressure and propel the shares into a bullish trend. AMC's Business Is in the Best Shape Since the Pandemic Paradoxically, at the same time that AMC shares have sharply declined, the company has begun reporting its best financial results since 2019 — before the COVID pandemic. For the third quarter, AMC disclosed record-breaking revenue and EBITDA (earnings before interest, taxes, depreciation, and amortization), surpassing even pre-pandemic numbers. This success was attributed to the release of international blockbusters such as Barbie and Oppenheimer. Despite a recorded 16% decrease in theater attendance compared to 2019, a remarkable 30% increase in per-patron spending significantly contributed to AMC's robust revenue results. However, AMC still grapples with a substantial debt burden. The company's long-term debt stands at $4.75 billion, and its current ratio (total assets divided by total liabilities) is 0.46, raising some concerns. The company's decision to raise equity to address this issue has been well-received. With the recent sale of $350 million worth of shares, AMC is poised to raise approximately $700 million this year. This infusion of capital will help strengthen its liquidity position, facilitate debt write-offs, and alleviate any short-term survival concerns. Price Momentum AMC is trading near the bottom of its 52-week range and below its 200-day simple moving average. What does this mean? Investors have been pushing the share price lower, and the stock still appears to have downward momentum. This is a neutral sign for the stock's future value.
NYSE:AMCLong
by DEXWireNews
$AMC straddle strategy 👁‍🗨️*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management Whether the market likes NYSE:AMC earnings after the bell today my team expects big price movements. According to the charts we can see that bulls need a lot more than the bears to set this thing off to $14.50. My team is using a The Straddle options strategy leaning towards puts since bears have it easy this round. We're 25% into calls and 75% into puts. Good luck to you all! !! This chart analysis is for reference purposes only !! If you want to see more, please like and follow us @SimplyShowMeTheMoney
NYSE:AMCShort
by SimplyShowMeTheMoney