Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

AMC shares set to continue winning streak as original meme stock’s Q4 results loom

Shares of AMC Entertainment Holdings Inc. are up 5.9% Tuesday, putting them on pace to extend their winning streak to three days and register the biggest daily percentage increase since Feb. 14, when they rose 6.9%.

The movie-theater chain and original meme stock reports fourth-quarter results after market close Wednesday. Analysts surveyed by FactSet expect AMC AMC, +8.09% to report a fourth-quarter loss of 70 cents a share and revenue of $1.058 billion.

In a note released Friday, analyst firm Wedbush said that AMC is set for share gains when it reports fourth-quarter results, although 2024 could be a “tumultuous” year for the company. $AMC Entertainment (AMC.US)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
2
+0
Translate
Report
6309 Views
Comment
Sign in to post a comment