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AMC Entertainment Holdings Inc

Tesla, AMC, Southwest and others

Check out the companies making headlines before the bell:Tesla (TSLA) – Tesla gained 1.6% in the premarket in a volatile session, following a seven-day losing streak and declines in ten of the past eleven sessions. Baird reduced its price target on Tesla to $252 per share from $316, but continues to rate the stock outperform.related investing newsAMC Entertainment (AMC) – AMC Entertainment rose 1.2% in premarket trading after CEO Adam Aron asked the movie theater chain's board to freeze his salary. He also urged other top…

AMC plunges after theater company announces capital raise

AMC Movie theatreScott Mlyn | CNBCAMC Entertainment's stock fell swiftly Thursday after the company announced a new $110 million capital raise and a proposed reverse stock split that will require shareholder approval.The shares were halted briefly after the opening bell as AMC hit a new 52-week low. The stock was down nearly 15% in midmorning trading. related investing newsThe company said it plans to raise the new equity through a sale of its APE units – a form of preferred shares referring to the "Apes" moniker adopted…

AMC Entertainment, Tesla, Micron, Under Armour and more

Pedestrians pass in front of an AMC theater in New York.Scott Mlyn | CNBCCheck out the companies making headlines in midday trading.AMC Entertainment — Shares plummeted 14.8% after the company proposed a reverse stock split and announced a new $110 million capital raise in an attempt to minimize its debt load. Shares of its preferred stock surged more than 64%.Tesla — Shares fell more than 9% during Thursday trading. Tesla offered a $7,500 discount on its Model 3 and Model Y vehicles delivered in the United States by…

I prefer Pioneer Natural Resources over Laredo Petroleum

AMC Entertainment: "Going to take a pass on that. $5 is where it should be, and no higher."Tecnoglass: "Very smart. Very good company. ... I would buy it if it came in a little. It's had a very big run."Laredo Petroleum: "Laredo is a second-rate oil producer. I prefer very much that you buy Pioneer, PXD, which I think is much stronger and the Charitable Trust owns it."D R Horton: "I think Horton is a very good choice, but you do know they all trade together. is good, too ... But I think you're right."Jim Cramer's Guide…

Amazon to spend $1 billion on theatrical releases, boosting cinema stocks

Cinemas stocks got a boost Wednesday after a report said Amazon plans to spend $1 billion a year on theatrical film releases.The tech company plans to make between 12 and 15 movies for movie theaters each year, Bloomberg reported, citing people familiar with the matter. A smaller number of films will be produced in 2023 as Amazon builds up its output, the report said.Cinemark jumped 11% on the news, with IMAX up 7% and AMC up 5%.Amazon declined to comment.Amazon has deepened its investments in original content over the…

Wakanda Forever’ aims to break box office records

Angela Bassett stars as Queen Ramonda in Marvel's "Black Panther: Wakanda Forever."DisneyLong live the king.Disney's latest entrant in the Marvel Cinematic Universe, "Black Panther: Wakanda Forever," is on pace for a stellar theatrical debut this weekend, with box office analysts suggesting it could outpace the $185 million average forecast and top $200 million in domestic ticket sales.The long-awaited sequel to 2018's smash hit "Black Panther" isn't just another Marvel film. It is a memorial to the late actor Chadwick…

Tesla, Meta, DR Horton and more

Check out the companies making headlines before the bell:Tesla (TSLA) – SEC filings show CEO Elon Musk sold nearly $4 billion in Tesla shares in the days following his purchase of Twitter. Tesla shares added 1.5% in the premarket.Meta Platforms (META) – The Facebook parent's shares rallied 4.3% in premarket trading after the company announced it was laying off 13% of its workforce, or more than 11,000 workers.DR Horton (DHI) – The home builder's stock slid 3.1% in the premarket after it missed top and bottom line…

AMC Entertainment (AMC) earnings Q3 2022

The AMC 25 Theatres in Times Square in New York is seen on Tuesday, July 8, 2014.Richard Levine | Corbis News | Getty ImagesAMC Entertainment on Tuesday reported third-quarter revenue that was up nearly 27% from a year ago, despite a thin blockbuster movie slate.The world's largest movie theater chain is contending with a massive debt load, dilution of its stock and a film release schedule short on blockbusters. While the summer box office was strong, August and September were more tepid, as studios released fewer films…

Be ready to ‘pounce’ when the market is oversold

CNBC's Jim Cramer on Friday warned investors not to let their guard down when it comes to their portfolios and be ready to take advantage of good deals."Ultimately, you're just going to feel sorry if you don't buy anything on the big sell-offs. When the market finally gets oversold enough, though, that's when you need to pounce," Cramer said.Stocks gained on Friday but finished a volatile week lower, with losses spurred by hotter-than-expected economic data, the Federal Reserve's 75 basis point rate hike and its hawkish…

AMC Entertainment stock falls to 52-week low

The AMC 25 Theatres in Times Square in New York is seen on Tuesday, July 8, 2014.Richard Levine | Corbis News | Getty ImagesAMC Entertainment hit a new 52-week low Wednesday as the movie theater company contends with a massive debt load, dilution of its stock and a film release schedule short on blockbusters.Shares of the world's largest movie theater company have fallen about 80% to under $6 so far this year, as investors question the company's capital structure and overall business strategy.The company came back from…