AMC Sell Alert: Prepare to Offload AMC Entertainment Stock Before August 2
AMCAMC(AMC) Investor Place·2024-08-01 22:00

Recent movie news bodes well for AMC Entertainment (NYSE:AMC) stock as it reports earnings on Aug. 2. Although it released preliminary results last week, this could be a case of “buy the rumor, sell the news.”Disney (NYSE:DIS) has three certified movie hits on its hands. Inside Out 2, Despicable Me 4 and now Deadpool & Wolverine have all earned $500 million or more at the box office. AMC stock is up 9% already and two of the Disney movies were released too late to help the cinema owner’s results. While ther ...