What's Going On With AMC Entertainment Stock?

AMC Entertainment Holdings Inc AMC shares are trading lower by 6% to $3.22 since Monday’s open. The company this week reported fourth-quarter financial results.

What To Know: AMC Entertainment posted strong fourth-quarter results, surpassing revenue estimates with $1.31 billion, an 18% year-over-year increase.

The company reported an adjusted loss of 18 cents per share, in line with expectations. AMC generated $113.9 million in free cash flow and ended the quarter with $632.3 million in cash and cash equivalents.

Read Also: FuboTV Projects Subscriber Fall In Q1 After Q4 Topline Growth, Stock Tumbles

Attendance surged 20.2% to 62.42 million, marking a post-pandemic fourth-quarter record. U.S. attendance rose 21.1% to 42.96 million. Meanwhile, food and beverage revenue per patron hit a record $7.15.

CEO Adam Aron highlighted the positive momentum in the industry and AMC's commitment to enhancing the theater experience.

What Else: Looking ahead, AMC plans to expand its premium large format, extra-large, and specialty screens in 2025. The company has raised $171.7 million in first-quarter 2025 and repurchased $1.3 million of its 5.75% senior notes due 2025.

AMC also said the company anticipates significant industry-wide box office growth in the coming years, aiming to capitalize on increasing demand.

Read Also: AMC CEO Says Apple And Amazon Are Warming Up To Theatrical Releases But This Streaming Giant Still Isn’t Convinced

How To Buy AMC Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in AMC Entertainment’s case, it is in the Communication Services sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

According to data from Benzinga Pro, AMC has a 52-week high of $11.88 and a 52-week low of $2.38.