Alert: Major Price Advance (6/3/24)-AMC Entertainment Holdings Inc (NYSE: AMC).

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AMC Entertainment Holdings Inc (NYSE: AMC) stock enjoyed a major increase of 11.1% on 6/3/24. The shares closed at $4.81. Moreover, trading volume in this advance was exceptionally high at 225% of normal. The stock has risen 5.7% during the last week but has been extremely weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

With future capital returns forecasted to be below the cost of capital, AMC is expected to be an important Value Eraser.

AMC Entertainment Holdings is currently unrated.

Rating Review

The stock is currently unrated.

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