AMC Stock Sinks to Pre-"Meme Stock" Levels As B. Riley Slashes Price Target By 32%

MarketWatch2022-10-13

Movie theater operator shares suffer sixth straight loss, longest losing streak in 9 months(Photo by Bruce Bennett/Getty Images) GETTY IMAGESShares of AMC Entertainment Holdings Inc. extended their ...

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Comments

Ruiqing
2022-10-13
Ruiqing
感謝你
SYB0303
2022-10-13
SYB0303
You and I know the price drop has nothing to do with fundamentals. Look at the pre and post market stock price, it's positive most days. But always plunge soon after open trading. Yesterday APE was up 10% at opening of 10 minutes, but became negative again in the next 10 minutes. Don't tell me natural buy and sell can result in these distortions.
- tkkkkkkkkkk:
  👌
- Alvinlwq:
  ok
- homosapien:
  👌
- junfeng18:
  👍
- Chichiw76:
  okie
xiaobaii
2022-10-13
xiaobaii
like & comment
- Alicialian:
  comment
- PickleT68:
  👌🏻
xiaobaii
2022-10-13
xiaobaii
like & comment
- BenYSLim:
  Comment

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Riley Slashes Price Target By 32%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-13 09:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/amc-stock-sinks-to-pre-meme-stock-levels-as-b-riley-slashes-price-target-by-32-11665609447?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Movie theater operator shares suffer sixth straight loss, longest losing streak in 9 months(Photo by Bruce Bennett/Getty Images) GETTY IMAGESShares of AMC Entertainment Holdings Inc. extended their ...</p>\n\n<a href=\"https://www.marketwatch.com/story/amc-stock-sinks-to-pre-meme-stock-levels-as-b-riley-slashes-price-target-by-32-11665609447?mod=home-page\">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":"https://www.marketwatch.com/story/amc-stock-sinks-to-pre-meme-stock-levels-as-b-riley-slashes-price-target-by-32-11665609447?mod=home-page","article_id":"2275569881","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2275569881","pubTimestamp":1665623517,"sourceInfo":{"source_id":"lsy1603348471595","name":"MarketWatch"},"weMediaInfo":null,"summary":"Movie theater operator shares suffer sixth straight loss, longest losing streak in 9 months(Photo by","collect":0,"end_time":0,"defaultTopTitle":"marketwatch.com","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"AMC":"AMC院线"},"translate_title":"随着B.Riley将目标价格下调32%，AMC股价跌至“迷因股”前的水平","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMC":1},"content_text":"Movie theater operator shares suffer sixth straight loss, longest losing streak in 9 months(Photo by Bruce Bennett/Getty Images) GETTY IMAGESShares of AMC Entertainment Holdings Inc. extended their selloff toward a 17-month low on Wednesday, after B. Riley analyst Eric Wold slashed his price target on the belief the post-pandemic box office recovery will be more drawn out that previously forecast.\"Although consumer demand remains intact, in our opinion, the number of films released to theaters remains 50% below pre-pandemic levels -- which impacts both the cadence of moviegoing and the ability to catch trailers for upcoming films,\" Wold wrote in a note to clients.He now projects 2022 box office to be 30% below 2019 levels and 2023 box office to be 16% below, compared with previous projections of 28% below and 7% below, respectively.\"We now believe it may not be until 2024 before the domestic box office can again surpass $11 billion -- as was the case for every year between 2015 and 2019,\" Wold wrote.AMC's (AMC) fell 4.4% to $5.85 on Wednesday, the lowest close since May 7, 2021, which was just before the movie theater chain got caught up in the big \"meme-stock\" craze of spring 2021.FACTSET, MARKETWATCHIt has tumbled 25.3% amid a six-day losing streak, which was the longest such streak since the 11-day stretch that ended Jan. 27, 2020.B. 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(CNK) to $17 from $23, on IMAX Corp. (IMAX) to $20 from $25, on National CineMedia Inc. (NCMI) to 50 cents from $1.00 and on Marcus Corp. 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Don't tell me natural buy and sell can result in these distortions.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":12,"repostSize":0,"link":"https://ttm.financial/post/9980997227","repostId":2275569881,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104328345,"gmtCreate":1665625315735,"gmtModify":1665625318843,"authorId":3582157544208464,"author":{"id":3582157544208464,"authorId":3582157544208464,"name":"tkkkkkkkkkk","avatar":"https://static.tigerbbs.com/324b8778a99b6139eca542152f970355","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980997227,"type":1,"supId":0,"prevId":0,"content":"👌","text":"👌","html":"👌"},{"id":104328344,"gmtCreate":1665625314629,"gmtModify":1665625317827,"authorId":4111194927838822,"author":{"id":4111194927838822,"authorId":4111194927838822,"name":"Alvinlwq","avatar":"https://community-static.tradeup.com/news/115b6a2e85dd126e946a982f609139dd","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.11.15","exceedPercentage":"60.18%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980997227,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"},{"id":104328339,"gmtCreate":1665625307187,"gmtModify":1665625310674,"authorId":3576928267169380,"author":{"id":3576928267169380,"authorId":3576928267169380,"name":"homosapien","avatar":"https://static.tigerbbs.com/58b52c9540881c11f284c6fe7a066ac6","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980997227,"type":1,"supId":0,"prevId":0,"content":"👌","text":"👌","html":"👌"},{"id":104328326,"gmtCreate":1665625276291,"gmtModify":1665625279788,"authorId":4097280343097470,"author":{"id":4097280343097470,"authorId":4097280343097470,"name":"junfeng18","avatar":"https://community-static.tradeup.com/news/c86e3c4053df60059ec9d37418cc4928","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":"2021.12.29","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980997227,"type":1,"supId":0,"prevId":0,"content":"👍","text":"👍","html":"👍"},{"id":104328319,"gmtCreate":1665625265680,"gmtModify":1665625267312,"authorId":3581938514960586,"author":{"id":3581938514960586,"authorId":3581938514960586,"name":"Chichiw76","avatar":"https://static.tigerbbs.com/c30e134eeec686f66eb2cc1187f8e361","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9980997227,"type":1,"supId":0,"prevId":0,"content":"<u>okie</u>","text":"<u>okie</u>","html":"<u>okie</u>"}],"langContent":"EN"},{"id":9980905865,"gmtCreate":1665623743157,"gmtModify":1676537637301,"author":{"id":"3571345352614779","authorId":"3571345352614779","authorIdStr":"3571345352614779","name":"xiaobaii","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3571345352614779"},"htmlText":"like &amp; 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