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AMC Entertainment Holdings, Inc. (AMC)

NYSE - NYSE Delayed price. Currency in USD
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4.9700-0.0300 (-0.60%)
At close: 04:00PM EDT
4.9600 -0.01 (-0.20%)
After hours: 07:59PM EDT
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  • Zacks

    AMC Entertainment (AMC) Stock Sinks As Market Gains: What You Should Know

    In the latest trading session, AMC Entertainment (AMC) closed at $4.97, marking a -0.6% move from the previous day.

  • Yahoo Finance Video

    Why Amazon buying AMC doesn't make sense, analyst argues

    Amazon (AMZN) buying AMC (AMC) would be a huge mistake, according to one Wall Street analyst. Speculation spread on Tuesday of a potential bid from the tech giant after a substack post from The Intersect. Shares of AMC spiked more than 15% on the news Tuesday, before Pachter and Wedbush wrote to clients the deal was “unlikely.” Pachter highlights there’s been no indication that AMC wants to sell itself as one of the key reasons the deal is unlikely. And even if AMC did want to sell itself, Amazon could find a more attractive option anyway, according to Pachter. The analyst points to Cineworld (CINE.L), which filed for bankruptcy earlier this year, as a better potential target for Amazon. Given the bankruptcy, Cineworld’s screens could sell for roughly $600 million less than an AMC screen and therefore would be a significantly better purchase. In the video above, Yahoo Finance’s Dave Briggs and Seana Smith discuss the potential purchase with Pachter. Key Video Moments 00:00:05 - Why a Cineworld purchase makes sense 00:01:18 - Pachter explains case for a downgrade on Amazon.

  • Yahoo Finance

    Amazon buying AMC 'doesn't make sense': Analyst

    Amazon is unlikely to buy AMC, says Wedbush, after a new report sent shares of the embattled theater giant soaring on Tuesday.