AMC Theaters
AMC Entertainment Holdings, Inc. engages in the theatrical exhibition business through its subsidiaries. It operates through the United States Markets and International Markets segments. The United States segment involves in the activity in the U.S. specifically in New York, Los Angeles, Chicago, Atlanta, and Washington, D.C..The International Markets segment focuses its operations in the United Kingdom, Germany, Spain, Italy, Ireland, Portugal, Sweden, Finland, Estonia, Latvia, Lithuania, Norway, and Denmark. The company was founded on June 6, 2007 and is headquartered in Leawood, KS. The listed name for AMC is AMC ENTERTAINMENT HOLDINGS, INC
Financials
We will go over just a couple of stats on this AMC. Why? AMC’s earning is this week on 2/25/21.
With the recent jump in stock price and $AMC being able to cash out some on this good fortune. They were able to do some debt restructuring.
AMC will need some help with the re-opening of its theaters. New York was a big plus being allowed to open 25% capacity.
Support and Resistance
As above the recent surge in price to the “Stock meme”/ Wall Street Bets enthusiasts.
This has drove the resistance up to over $21+. By doing this it has opened up an opportunity for huge swings in the coming months. (in wither direction)
