Advertisement
Australia markets closed
  • ALL ORDS

    8,120.20
    -11.90 (-0.15%)
     
  • AUD/USD

    0.6668
    -0.0003 (-0.05%)
     
  • ASX 200

    7,851.70
    -12.00 (-0.15%)
     
  • OIL

    79.25
    -0.55 (-0.69%)
     
  • GOLD

    2,423.20
    -15.30 (-0.63%)
     
  • Bitcoin AUD

    106,369.78
    +6,068.82 (+6.05%)
     
  • CMC Crypto 200

    1,527.93
    +39.38 (+2.64%)
     

AMC Is Still Hurting From the Hollywood Strikes. Why Wall Street Analysts Are Calm.

AMC Is Still Hurting From the Hollywood Strikes. Why Wall Street Analysts Are Calm.

AMC Entertainment said its box-office results are still suffering from the effects of last year’s Hollywood strikes but Wall Street analysts remain cautiously optimistic about the movie-theater stock. “A strong rebound coming in the second half of 2024,” she added, continuing to rate the stock at Hold, with a target of $4 for the price.