Stock Track | AMC Entertainment Plunges 5.26% Intraday Amid Dilution Fears Despite Box Office Boom

Stock Track01-09

AMC Entertainment Holdings Inc (NYSE:AMC) shares plummeted 5.26% during Thursday's intraday trading, hitting a new all-time low of $1.48. The decline reflects persistent bearish sentiment despite the company's recent box office success with *Avatar: Fire and Ash*, which grossed $483 million globally.

Wall Street's focus remains on AMC's long-term financial health, particularly an amended note agreement allowing up to $150 million in stock offerings starting February 2026. This potential dilution has overshadowed operational wins, including a strong pre-Christmas weekend with $88 million in domestic revenue. Analysts highlight the disconnect between market sentiment and performance, with the stock trading 30.6% below its 50-day moving average.

Technical indicators suggest mixed signals: an oversold RSI (20.99) hints at possible rebound, while the MACD reinforces bearish momentum. The stock holds a 'Hold' consensus rating with a $5.41 average price target, as investors await the next earnings report on February 24.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment