AMC Entertainment Holdings, Inc. Class A Stock News

LEAWOOD, Kan.--(BUSINESS WIRE)---- $AMC--AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC” or the “Company”), today announced that Lenders representing more than 80% of its Term Loans due 2029 have joined as a party to the Transaction Support Agreement previously announced, thereby satisfying a material condition to move forward with all of the balance sheet enhancing transactions previously ...

AMC Entertainment Holdings Inc. shares sank Tuesday, after the movie-theater chain and original meme stock announced its latest debt-restructuring deal.

As part of a long push to dig itself out of a financial hole triggered by the Covid pandemic, AMC Entertainment announced a multi-pronged agreement with creditors and lenders to reduce its leverage and take out near-term maturities.

LEAWOOD, Kan.--(BUSINESS WIRE)---- $AMC--AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC” or the “Company”), today announced that it has entered into a Transaction Support Agreement with key creditor groups, including certain holders representing approximately 62% of its 7.5% Senior Secured Notes due 2029 (the “Consenting 7.5% Noteholders”), certain holders representing approximately 76% of ...

AMC Entertainment's stock price has crashed by 21.3% this year and by 36% in the last 12 months. It has plunged by almost 98% from its highest point in 2021, erasing billions of dollars in value.

The market still offers compelling opportunities for investors looking for attractively priced stocks.

Movie theater operator AMC Entertainment Holdings (AMC 0.80%) has been on the outs for a while. The stock soared 1,180% in 2021, but that lofty peak was followed by price drops of 76%, 82%, and 35% in the next three years.

There's still time for a Hollywood ending for AMC Entertainment (AMC -4.86%). The multiplex operator may be trading more than 99% below the split-adjusted high it reached four summers ago, but momentum is on its side these days.