Here's Why Investors Should Retain AMC Entertainment Stock Now
AMC(AMC) ZACKS·2024-09-20 21:10
AMC Entertainment Holdings, Inc. (AMC) is likely to benefit from a recovering box office, operational efficiency and innovative content. Its focus on strengthening the balance sheet bodes well. However, a challenging North American box office poses concern.Factors Driving AMC StockRebounding Box Office: The second half of 2024 signals a significant box office revival, with June marking a key turning point. AMC set an all-time monthly adjusted EBITDA record for June, driven by the box office success of Disne ...