The stock price of movie theater chain AMC Entertainment nearly doubled in a single day Wednesday when small traders who communicate on social media rallied around it and drove up the price. Is AMC Stock Worth Its High Price.
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In depth view into AMC AMC Entertainment Holdings stock including the latest price news dividend history earnings information and financials.
Amc stock price today. AMC given its weak earnings and high debt load has drawn the attention of short sellers investors who bet against a company and who stand to make money when a stock price falls. But thats precisely what AMC Entertainment did Thursday when it disclosed plans to sell up to 1155 million shares in a bid to capitalizing on the incredible surge in its stock price fueled by. On average they anticipate AMC Entertainments share price to reach 558 in the next year.
Individual investors sank over 22 million into AMCs stock on Tuesday alone according to The Wall Street JournalAnd on Thursday AMC. As the price rose sharply more people piled in. Prior to today AMCs shares had soared from 1208 on May 21 to 6255 on June 2 fueled in part by the aggressive promotion of its stock on Reddit and other social media sites.
Stock Market Today With Jim Cramer. Updated June 2 2021 1101 am ET Original June 2 2021 500 am ET Order Reprints Print Article. What AMC Should Do.
Get the latest AMC Entertainment Holdings Inc AMC real-time quote historical performance charts and other financial information to help you make more informed trading and investment decisions. Folks who think the stock price will go up will point to the fact that fundamentals have nothing to do with this stock. Other Robinhood Financial fees may apply check rbnhdcofees for details.
We Did the Math. AMC Entertainment Holdings NYSE. 8 brokers have issued 12 month price targets for AMC Entertainments stock.
Their forecasts range from 100 to 1600. According to 9 analysts the average rating for AMC stock is Sell The 12-month stock price forecast is 544 which is a decrease of -8915 from the latest price. AMC is a widely popular stock so its easy to hear arguments from both sides on the companys prospects.
Report shares were higher Friday after Benchmark initiated coverage of the chipmaker with a buy rating and 100 price. This suggests that the stock has a possible downside of 889. You can buy and sell AMC Entertainment AMC and other stocks ETFs and options commission-free on Robinhood with real-time quotes market data and relevant news.
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