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AMC Entertainment Stock Is Rising Tuesday: What's Going On?

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AMC Entertainment Stock Is Rising Tuesday: What's Going On?

AMC Entertainment Holdings Inc (NYSE:AMC) shares are trading higher Tuesday. The movie theater chain company reported strong admissions revenue for the holiday weekend.

What Happened: AMC Entertainment on Tuesday announced that the Memorial Day holiday weekend spanning Thursday through Monday was the company’s third-biggest revenue total for a five-day period in over 10 years.

More than seven million people attended AMC locations in the U.S. and ODEON Cinemas internationally, which helped the company record its highest-attended Friday, Saturday and Sunday of the year in the U.S.

AMC also said the five-day period represented the largest food and beverage revenue over a five-day period this decade, and second biggest in company history.

“Finally it would appear that our industry has turned a corner. Since early April, weekend after weekend, moviegoers have been demonstrating their preference for theatrical moviegoing. A record-setting Memorial Day holiday is yet another sign of the continued strength and relevance of moviegoing in 2025,” said Adam Aron, CEO of AMC Entertainment.

AMC said the strong attendance numbers were driven by robust openings from “Lilo & Stitch,” as well as “Mission: Impossible — The Final Reckoning.”

“With many more potentially huge movies coming in June all the way through the end of 2025, and beyond that deeply into 2026 as well, we firmly expect to be enjoying a robust theatrical box office as we look ahead,” Aron said.

See Also: Disney’s ‘Lilo & Stitch’ Remake Leads Record $326 Million Memorial Day Box Office Weekend

Is AMC A Good Stock To Buy?

An investor can make a few decisions when deciding whether a stock is a good buy. In addition to valuation metrics and price action which you can find on Benzinga's quote pages – like AMC Entertainment‘s page for example – there are factors like whether or not a company pays a dividend or buys a large portion of its stock each quarter.

These are known as capital allocation programs. AMC Entertainment does not pay a dividend, but obviously has a few ways it can return value to shareholders. Feel free to search Benzinga's dividend calendar for the next company that is due to pay a dividend and determine what kind of yield you can earn for holding a share of the company.

Buyback programs are obviously different and highly variable. A company can approve a buyback program and purchase shares as it sees fit over the course of time in which the buyback was authorized. Looking through the latest news on AMC Entertainment will often yield whether or not the company has approved a buyback program recently. Buyback programs usually serve as a support for share prices, serving as a backstop for demand.

AMC Price Action: AMC Entertainment shares are down about 18.5% year-to-date. The stock was up 4.94% at $3.40 at the time of publication Tuesday, according to Benzinga Pro.

Photo: Shutterstock.

 

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