AMC Entertainment Holdings Inc (AMC) shares surged 6.19% in after-hours on Tuesday, November 02, 2021, and closed the daily trading at $41.19. Even in the regular trading session, AMC’s stock gained 4.64%. its shares have risen 1704.19% over the last 12 months, and they have moved up 7.60% in the past week. Over the past three months, the stock has gained 29.99%, while over the past six months, it has jumped 323.01%.
Let’s discuss its recent news and developments.
China Can't Stop US$0.25 Stock from Mining Ultra-Rare Metal
Here's one little-known company — trading undiscovered below 25-cents per share — that's advancing one of the largest and highest quality REE deposits in all of North America... and the Chinese can't do a damn thing about it! It's early stage... and that's excellent news for individual investors like you who have the foresight to act decisively on an emerging megatrend that's already being measured in the Tens of $Billions.
Simply click here and the name & trading symbol are yours.
AMC upcoming financial results announcement
AMC Entertainment Holdings, Inc will report its financial results for the third quarter ended September 30, 2021, after the market closes on Monday, November 8, 2021.
- Looking For The Best Stocks To Buy For 2021? 3 Electric Vehicle Stocks To Watch
- Top 3 Cosmetics Stocks in the market
New offer for AMC Investor Connect
On November 01, 2021, AMC Theatres announced a rewarding program for its self-identified shareholders through Investor Connect. Existing and new participants who sign up by year-end for Investor Connect will be encouraged to come to AMC movie theatres in the United States in November, December, or January with the offer of another Free Large Popcorn, useable with the purchase of a ticket.
AMC update about October theatres statistics
On November 01, 2021, AMC Entertainment said that the final tickets for October 2021 are estimated to come in considerably higher than that of any previous month since February of 2020.
The company also confirmed that October 2021 ticket admission revenues at its movie theatre circuit in the U.S. were the highest for any single month since February of 2020.
AMC new open caption feature
On October 15, 2021, AMC Entertainment launched an open caption format at 240 locations in 101 markets in the U.S., to expand its audience base. The format particularly targets those people whose native language is not English or who have hearing difficulties. Open caption showtimes are available on AMC’s mobile application and website for the participating locations.
Well, as of this writing there is no reason for its gains on Tuesday but as the Covid-19 pandemic is getting over, more and more people are going out and spending money and theatres and cinema business is also reviving, that could be the reason behind its recent gains and it can continue its positive performance in the coming trading session as well.
About the company
AMC is the largest movie exhibition company in the United States, the largest in Europe and the largest throughout the world with approximately 950 theatres and 10,500 screens across the globe.