AMC Entertainment stock fell 5% After yesterday's surge

Tiger Newspress2021-04-06

AMC Entertainment stock fell 5% After yesterday's surge.The shares surged 13% yesterday on B. Riley analyst raised his rating to buy from neutral, and boosted his price target.

B. Riley analyst Eric Wold said it's time to buy, citing an improving balance sheet outlook and as a strong opening weekend for 'Godzilla vs. Kong' pointed to a resurgence in demand.

Wold raised his rating to buy from neutral, and boosted his price target to $13, which is 39% above Thursday's closing price, from $7.

"We have remained impressed with management's ability to weather the pandemic headwinds by both strengthening the balance sheet and negotiating with landlords to improve the cash runway into 2022," Wold wrote in a note to clients. "And as the largest exhibitor in North America that also operates the highest number of IMAX screens, we view AMC as well positioned to benefit from the industry's projected resurgence and return to pre-pandemic attendance levels by 2023."

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Comments

Ovaline
2021-04-08
Ovaline
Hold to the moon!
Ovaline
2021-04-08
Ovaline
Bought more when dip! By end of May will Zoom!
mcwood
2021-04-07
mcwood
[得意]
Mochizuki
2021-04-07
Mochizuki
The problem with chasing bulls is the risk of getting bullsh*t all over yourself.
- Auteur:
  Indeed
ckh002
2021-04-07
ckh002
Sure or not. AMC last reached $7 was on 24/2/21. Is the news outdated or 馬後炮？
逢場作戲又一日
2021-04-07
逢場作戲又一日
[驚嚇] Timely
- lawgbk:
  sigh...hope it rebounce back...
  appreciate comment on this

Leave a comment

122

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Riley analyst raised his rating to buy from neutral, and boosted his price target.B. Riley analyst Eric ...</p>\n\n<a href=\"None\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMC","symbol_name":"AMC院线","start_time":0,"source_url":null,"article_id":"1148389433","we_media_id":"1079075236","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1148389433","pubTimestamp":1617722542,"sourceInfo":null,"weMediaInfo":{"media_name":"Tiger Newspress","introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"summary":"AMC Entertainment stock fell 5% After yesterday's surge.The shares surged 13% yesterday on B. 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By end of May will&nbsp;Zoom!","listText":"Bought more when dip! By end of May will&nbsp;Zoom!","text":"Bought more when dip! By end of May will Zoom!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341736543","repostId":1148389433,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":341896857,"gmtCreate":1617800911179,"gmtModify":1704703292562,"author":{"id":"3569805243820041","authorId":"3569805243820041","name":"mcwood","avatar":"https://static.tigerbbs.com/899c12565f32e74966bd8f5ceac09f7c","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":8,"crmLevelSwitch":1,"idStr":"3569805243820041","authorIdStr":"3569805243820041"},"htmlText":"[得意]&nbsp;","listText":"[得意]&nbsp;","text":"[得意]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341896857","repostId":1148389433,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":341161906,"gmtCreate":1617794245005,"gmtModify":1704703204847,"author":{"id":"3574639401134105","authorId":"3574639401134105","name":"Mochizuki","avatar":"https://static.tigerbbs.com/8eff2450a3e5a8207c8f6dc5db664010","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3574639401134105","authorIdStr":"3574639401134105"},"htmlText":"The problem with chasing bulls is the risk of getting bullsh*t all over yourself.","listText":"The problem with chasing bulls is the risk of getting bullsh*t all over yourself.","text":"The problem with chasing bulls is the risk of getting bullsh*t all over yourself.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/341161906","repostId":1148389433,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3986922,"gmtCreate":1617879767309,"gmtModify":1680783308913,"authorId":3576895914333904,"author":{"id":3576895914333904,"idStr":"3576895914333904","authorId":3576895914333904,"name":"Auteur","avatar":"https://static.tigerbbs.com/d16a5bbbdb8b078faa38feb3dfadc275","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":341161906,"type":1,"supId":0,"prevId":0,"content":"Indeed","text":"Indeed","html":"Indeed"}],"langContent":"EN"},{"id":341338655,"gmtCreate":1617780594677,"gmtModify":1704703027156,"author":{"id":"3558258120714105","authorId":"3558258120714105","name":"ckh002","avatar":"https://static.tigerbbs.com/e9af207bf65854d17beeef8de785f31d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3558258120714105","authorIdStr":"3558258120714105"},"htmlText":"Sure or not. AMC last reached $7 was on 24/2/21. &nbsp;Is the news outdated or 馬後炮？","listText":"Sure or not. AMC last reached $7 was on 24/2/21. &nbsp;Is the news outdated or 馬後炮？","text":"Sure or not. AMC last reached $7 was on 24/2/21. Is the news outdated or 馬後炮？","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341338655","repostId":1148389433,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":343779895,"gmtCreate":1617758462417,"gmtModify":1704702699296,"author":{"id":"3555043402922696","authorId":"3555043402922696","name":"逢場作戲又一日","avatar":"https://community-static.tradeup.com/news/6a5fbf2ceb7c7ee0399d41e6348dadf7","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":5,"crmLevelSwitch":1,"idStr":"3555043402922696","authorIdStr":"3555043402922696"},"htmlText":"[驚嚇]&nbsp;Timely&nbsp;","listText":"[驚嚇]&nbsp;Timely&nbsp;","text":"[驚嚇] Timely","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/343779895","repostId":1148389433,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3975278,"gmtCreate":1617759180056,"gmtModify":1680783131535,"authorId":3569580504698649,"author":{"id":3569580504698649,"idStr":"3569580504698649","authorId":3569580504698649,"name":"lawgbk","avatar":"https://static.tigerbbs.com/aed8dcf3ce6c592dffc1e60aa40d85bc","vip":1,"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":343779895,"type":1,"supId":0,"prevId":0,"content":"sigh...hope it rebounce back...<br>\nappreciate comment on this","text":"sigh...hope it rebounce back...<br>\nappreciate comment on this","html":"sigh...hope it rebounce back...<br>\nappreciate comment on this"}],"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":122,"commentSize":84,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1148389433"}