The Summer Movie Season Is Underway: Why That's Good News for AMC Stock

Motley Fool2021-06-12

AMC Entertainment (NYSE:AMC) stock has experienced some violent price movements in the last several months -- its price recently came close to doubling in a single day. The stock has been the subject ...

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Comments

BlackJesus
2021-06-14
BlackJesus
Lets goooo
yapyap168
2021-06-14
yapyap168
Buy and hole.. Wohooo
peterob1
2021-06-14
peterob1
Up up
- peterob1:
  Hold and up
pandaroar
2021-06-14
pandaroar
Can't say I have any desire to go to the movies these days and be cramed in with a bunch of strangers. Would rather watch at home on a nice big ntv.
Darwinpro
2021-06-14
Darwinpro
I see
bigjosh
2021-06-13
bigjosh
Wow
- AceITAlways:
  ?

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The stock has been the subject ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/12/the-summer-movie-season-is-underway-why-thats-good/\">Source Link</a>\n\n</div>\n","source":"fool_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Summer Movie Season Is Underway: Why That's Good News for AMC Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Summer Movie Season Is Underway: Why That's Good News for AMC Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-12 22:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/12/the-summer-movie-season-is-underway-why-thats-good/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMC Entertainment (NYSE:AMC) stock has experienced some violent price movements in the last several months -- its price recently came close to doubling in a single day. The stock has been the subject ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/12/the-summer-movie-season-is-underway-why-thats-good/\">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":"NWS","symbol_name":"新闻集团","start_time":0,"source_url":"https://www.fool.com/investing/2021/06/12/the-summer-movie-season-is-underway-why-thats-good/","article_id":"2142788457","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2142788457","pubTimestamp":1623506400,"columns":[],"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"AMC is best known for its part in the meme stock-trading frenzy, but its business is slowly recovering.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NWS":"新闻集团","AMC":"AMC院线"},"translate_title":"暑期电影季正在进行：为什么这对AMC股票是个好消息","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMC":0.9,"NWS":0.9},"content_text":"AMC Entertainment (NYSE:AMC) stock has experienced some violent price movements in the last several months -- its price recently came close to doubling in a single day. The stock has been the subject of a virtual tug of war between retail traders and Wall Street, with each side betting on an opposite outcome in AMC's stock price. So far, the retail traders are crushing Wall Street: AMC stock is up 2,230% year to date as of Friday's close. To add fuel to that fire, the summer movie season is under way, and with coronavirus trends all moving in a positive direction in the U.S., AMC could experience a surge in viewers.\n\nAMC stock is up nearly 2,500% in 2021. Image source: Getty Images.\nSeats are filling up in AMC theaters again\nThe summer movie season is off to a great start with the release of two new films: A Quite Place 2 and Cruella. That's just about as good as it can get considering the circumstances. Although nearly all of AMC's theaters have reopened in the U.S, significant capacity restrictions remain.\nIn roughly two weeks since its release, Walt Disney's Cruella has grossed $86.8 million at the box office worldwide despite being also available on Disney+ (for an additional fee of $29.99 to subscribers). Thus far, the reasonably robust box office total, under restricted seating capacity and a simultaneous release on a streaming service, is good news for AMC.\nIn contrast, A Quiet Place 2 is opening under a 45-day exclusive theatrical window. Box office totals for the film, released on the same weekend as Cruella, come to $138 million worldwide.\nThe outperformance of A Quiet Place 2 could be due to the film's exclusive availability at theaters. However, it would be reasonable to expect some folks deciding to watch Cruella on Disney+. Still, getting visitors back inside movie theaters is a win for AMC.\nMoreover, F9: The Fast Saga, another part of the successful Fast and Furious film franchise, is set to be released in U.S. theaters on June 25. The ninth installment has already been successful elsewhere in the world, grossing over $250 million at the international box office.\nWith a few more blockbusters coming into theaters soon, this could be a summer of recovery for AMC.\nWhat this could mean for investors\nThat could be a huge gain for the company's efforts in removing cash flow problems. AMC burned through $312.9 million in cash in the most recent quarter. That's a rate of about $104 million per month. AMC has to pay rent on its movie theaters whether it has people in the seats or not. Since most of its costs are fixed, getting viewers in attendance generates positive cash flow for AMC even if it remains in negative net-income territory.\nOn average, an AMC moviegoer spends 72% of the price of a ticket on food and beverage. Add in the fact that AMC makes more in operating profit from viewers buying food and beverage than it does from ticket sales, and AMC could be generating positive cash flow from operations by the end of the second quarter. That is, of course, if there are no further disruptions from a resurgence of coronavirus cases.\nThe increase in cash flow, combined with the $1.246 billion in equity capital it has raised in recent months, should go a long way toward shoring up AMC's balance sheet and giving the battered movie theater chain more time to recover from the devastations of the coronavirus pandemic. And that should give the millions of retail investors rooting for the success of AMC stock something to cheer about.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":185755961,"gmtCreate":1623675300853,"gmtModify":1704208346547,"author":{"id":"3570807817840093","authorId":"3570807817840093","name":"BlackJesus","avatar":"https://static.tigerbbs.com/2534cc0d2f43e74926fa9e2c27e6a4fb","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":1,"idStr":"3570807817840093","authorIdStr":"3570807817840093"},"htmlText":"Lets goooo","listText":"Lets goooo","text":"Lets goooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185755961","repostId":2142788457,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":185400867,"gmtCreate":1623663892359,"gmtModify":1704208100310,"author":{"id":"3572768958430460","authorId":"3572768958430460","name":"yapyap168","avatar":"https://static.tigerbbs.com/141e16b1f5ac1a71bd9a637c2c1b184d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3572768958430460","authorIdStr":"3572768958430460"},"htmlText":"Buy and hole.. Wohooo&nbsp;","listText":"Buy and hole.. Wohooo&nbsp;","text":"Buy and hole.. Wohooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185400867","repostId":2142788457,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":185007926,"gmtCreate":1623626015065,"gmtModify":1704207024539,"author":{"id":"3582888287934264","authorId":"3582888287934264","name":"peterob1","avatar":"https://static.tigerbbs.com/d59b7e35254008f12e8d269f053963b9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582888287934264","authorIdStr":"3582888287934264"},"htmlText":"Up up","listText":"Up up","text":"Up up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/185007926","repostId":2142788457,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4734114,"gmtCreate":1623626029902,"gmtModify":1663228684848,"authorId":3582888287934264,"author":{"id":3582888287934264,"idStr":"3582888287934264","authorId":3582888287934264,"name":"peterob1","avatar":"https://static.tigerbbs.com/d59b7e35254008f12e8d269f053963b9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":185007926,"type":1,"supId":0,"prevId":0,"content":"Hold and up","text":"Hold and up","html":"Hold and up"}],"langContent":"EN"},{"id":182717224,"gmtCreate":1623614815768,"gmtModify":1704206930426,"author":{"id":"3576088975090731","authorId":"3576088975090731","name":"pandaroar","avatar":"https://static.tigerbbs.com/6a89ea1d0b07ef871d4ca0666dcc1abd","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3576088975090731","authorIdStr":"3576088975090731"},"htmlText":"Can't say I have any desire to go to the movies these days and be cramed in with a bunch of strangers. Would rather watch at home on a nice big ntv.","listText":"Can't say I have any desire to go to the movies these days and be cramed in with a bunch of strangers. Would rather watch at home on a nice big ntv.","text":"Can't say I have any desire to go to the movies these days and be cramed in with a bunch of strangers. Would rather watch at home on a nice big ntv.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/182717224","repostId":2142788457,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":182710712,"gmtCreate":1623608988636,"gmtModify":1704206918081,"author":{"id":"3575302420482909","authorId":"3575302420482909","name":"Darwinpro","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575302420482909","authorIdStr":"3575302420482909"},"htmlText":"I see","listText":"I see","text":"I see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/182710712","repostId":2142788457,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":182484906,"gmtCreate":1623598884705,"gmtModify":1704206814368,"author":{"id":"3583115065771135","authorId":"3583115065771135","name":"bigjosh","avatar":"https://static.tigerbbs.com/dc2bdb60764a0c5da0dca6883c483fb4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583115065771135","authorIdStr":"3583115065771135"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/182484906","repostId":2142788457,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4731829,"gmtCreate":1623600403099,"gmtModify":1635323543915,"authorId":3572385541809895,"author":{"id":3572385541809895,"idStr":"3572385541809895","authorId":3572385541809895,"name":"AceITAlways","avatar":"https://static.tigerbbs.com/0f25697c34823e646de3547094f96449","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":182484906,"type":1,"supId":0,"prevId":0,"content":"?","text":"?","html":"?"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":80,"commentSize":46,"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":"4.29.3","shortVersion":"4.29.3","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/2142788457"}