AMC Shares Fall 10% As Top Gun Effect Doesn't Help Theater Chain

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AMC Shares Fall 10% As Top Gun Effect Doesn't Help Theater Chain

Seekingalpha2022-06-02

A day after touting how much the release of the new Tom Cruise blockbuster Top Gun: Maverick contributed to its strong Memorial Day weekend, AMC Entertainment Holdings (NYSE:AMC) was back in familiar ...

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Sienta
·2022-06-02
Hope it starts going up soon
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1
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Dragon1976
·2022-06-02
Roar
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DragonKC
·2022-06-02
Hang on, meme is elusive, when they awaken , nobody can stop them.
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InvisibleP
·2022-06-02
Ok
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2
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JLSE
·2022-06-02
💪💪💪
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2
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Gackky
·2022-06-02
whats goes up, will comes down
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4
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LowZackM
·2022-06-02
Typical FUDs
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2
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Huat1333
·2022-06-02
Excitment cont' ....[Miser] [Miser] [Miser]
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4
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oakfra
·2022-06-02
Again fud....
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3
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Gee1
·2022-06-02
great
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PCK
·2022-06-02
[Cry]
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Singman
·2022-06-02
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JCKL488
·2022-06-02
The AMC run is well over....
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3
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Worpeng2002
·2022-06-02
Pls like
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JaiVenky
·2022-06-02
Great
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1
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BlueDragon
·2022-06-02
Ok
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SCLIEW
·2022-06-02
666
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Sephiro
·2022-06-02
Ok
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estherytwu
·2022-06-02
Ok
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estherytwu
·2022-06-02
Ok
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AMC (AMC) has acted like a meme stock for the better part of a year, with its share price often engaging in wild swings fueled more often by Internet chatter and short-squeeze activity than the company's actual business dealings.On May 27, AMC (AMC) shares posted their biggest one-day percentage gain in months, when they rose 18% in advance of the record-breaking weekend for Top Gun: Maverick. AMC (AMC) said Tuesday that with Maverick leading the weekend activity, more than 4 million people went to see a movie at one of its U.S. theaters, and more than 1 million attended a screening at one of the company's international locations.Along with AMC (AMC), other so-called meme stocks took it on the chin, Wednesday. Bed Bath and Beyond (BBBY) shares fell 3%, and BlackBerry (BB) ended the day off by more than 5%.GameStop (GME), considered by many to be the epitome of meme stocks, fell 2.7% on the day prior to reporting its first-quarter results. 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goes up, will comes down","listText":"whats goes up, will comes down","text":"whats goes up, will comes down","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9050300507","repostId":2240426605,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9050945330,"gmtCreate":1654128801020,"gmtModify":1676535398691,"author":{"id":"3573568310387546","authorId":"3573568310387546","name":"LowZackM","avatar":"https://static.tigerbbs.com/768e9ec80d5d9568297fe487c4b4c95a","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3573568310387546","authorIdStr":"3573568310387546"},"htmlText":"Typical FUDs","listText":"Typical FUDs","text":"Typical FUDs","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9050945330","repostId":2240426605,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9050927411,"gmtCreate":1654127876033,"gmtModify":1676535398274,"author":{"id":"3559014783889591","authorId":"3559014783889591","name":"Huat1333","avatar":"https://community-static.tradeup.com/news/a4c138e1ce20043d7996468a91a225ac","vip":1,"hat":"https://static.tigerbbs.com/50a4c8d97279fa9f8f1fa9749a6bdff4","crmLevel":7,"crmLevelSwitch":1,"idStr":"3559014783889591","authorIdStr":"3559014783889591"},"htmlText":"Excitment cont' ....[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;","listText":"Excitment cont' ....[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;","text":"Excitment cont' ....[Miser] [Miser] [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9050927411","repostId":2240426605,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9050927981,"gmtCreate":1654127817043,"gmtModify":1676535398232,"author":{"id":"3582726716151472","authorId":"3582726716151472","name":"oakfra","avatar":"https://static.tigerbbs.com/f043c379e1c93d1e70f4c4b88fb3e64a","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3582726716151472","authorIdStr":"3582726716151472"},"htmlText":"Again fud....","listText":"Again fud....","text":"Again 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