Back to top

Image: Bigstock

AMC Entertainment (AMC) Jumps: Stock Rises 8.8%

Read MoreHide Full Article

AMC Entertainment Holdings, Inc. (AMC - Free Report) was a big mover last session, as the company saw its shares rise nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $14.42 to $15.42 in the past one-month time frame.

The move came after the company received positive analyst comments citing upbeat view for "Avengers: Endgame" tickets along with renewed confidence on its subscription program.

The company has seen one negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

AMC Entertainment currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.  

AMC Entertainment Holdings, Inc. Price

Investors interested in the Leisure and Recreation Services industry may consider Drive Shack Inc. (DS - Free Report) , which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is AMC going up? Or down? Predict to see what others think:Up or Down

Today's Best Stocks from Zacks

Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2018, while the S&P 500 gained +15.8%, five of our screens returned +38.0%, +61.3%, +61.6%, +68.1%, and +98.3%.

This outperformance has not just been a recent phenomenon. From 2000 – 2018, while the S&P averaged +4.8% per year, our top strategies averaged up to +56.2% per year.

See their latest picks free >>


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


AMC Entertainment Holdings, Inc. (AMC) - free report >>

Drive Shack Inc. (DS) - free report >>