AMC Entertainment Holdings Experiences 7.98% Decrease, Closing at $8.01 on November 10

AMC Entertainment Holdings (AMC) Stock Price 

As of November 10, 2023, AMC Entertainment Holdings (NYSE: AMC) is trading at $8.01, experiencing a notable decrease of $0.69 (7.98%) today. Investors should be aware that stock prices are subject to fluctuations throughout the trading day, influenced by factors such as market sentiment and company performance. It's crucial for potential investors to conduct thorough research and consider their financial goals and risk tolerance before making investment decisions in the dynamic stock market environment.

AMC Entertainment Holdings (AMC) Stock Analysis

AMC Entertainment Holdings  (NYSE: AMC) closed on November 10th at $8.01, experiencing a decline of 7.98% during the trading day. The after-hours price settled at $7.96 , representing a marginal decrease of 0.62%. The stock exhibited a day range between $7.84 and $8.45, while its 52-week range spans from $7.05 to $91.50. The company's market capitalization stands at $1.59 billion . AMC's average trading volume is noteworthy, registering at 21.04 million shares.

The stock's performance over the last year has been dynamic, with a high of $91.50 and a low of $7.05. The day's trading commenced at an opening price of $8.42, reaching a high of $8.45 and a low of $7.84 before closing at $8.01. The previous day's closing price was $8.71, indicating a decrease in value. It is important to note that market conditions and stock values can fluctuate rapidly, requiring investors to stay vigilant and informed about the latest developments.

AMC Entertainment Holdings (AMC) Stock Data

Here Are the Key Details for AMC Entertainment Holdings (AMC) Stock:

AMC Entertainment Holdings (AMC) Profile

AMC Entertainment Holdings (AMC) is the world's largest movie theater chain, founded in 1920 in Kansas City, Missouri. With headquarters in Leawood, Kansas, AMC operates 2,807 screens across 353 European theaters and 7,755 screens in 593 American theaters.

Acquiring Odeon Cinemas, UCI Cinemas, and Carmike Cinemas in 2016, it solidified its global dominance. Listed on the New York Stock Exchange, AMC faced financial challenges during the COVID-19 pandemic. In 2021, strategic moves, including financing and share conversions, led to the dilution of Chinese conglomerate Wanda Group's majority ownership, reducing its voting power to less than 50%.