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AMC Stock Price: What Does AMC's Stock Symbol Mean?

 

AMC Stock Price

AMC is a leading entertainment company with an iconic presence in the film and television industry. Check out our stock price to learn more about our business, or get up-to-the-minute market quotes. AMC's share price has changed over time. Share prices are affected by a variety of factors including expectations for future profits, market conditions, and the performance of other companies in the sector. AMC's stock symbol is "AMC". The company was trading at $35.02 on November 16th, 2018.

 

How do I get the AMC stock price?

Investors can easily get the latest AMC stock price for any given day by visiting here. The trading symbol of AMC is AMC.

 

What are the company's earnings?

Net income for the nine months ended September 30th, 2018 totaled $33.0 million, as compared to $2.2 million for the nine months ended September 30th, 2017. Net income was $0.78 per diluted share for the nine months ended September 30th, 2018, as compared to $0.04 per diluted share for the nine months ended September 30th, 2017. For a detailed look at the company's financials, we recommend our full report on the company. Our report includes: Financials Earnings Call Transcript AMC Stock Price: The Bear Case - Goldman Sachs AMC's stock price was down 3.15% on May 3rd, 2018 when the Wall Street Journal published a bearish report by Goldman Sachs. Their concern was that traditional movie theaters are now expected to suffer due to the popularity of streaming and on-demand video.

 

What are some factors affecting the share price?

If you are the U.S. resident, you may be eligible for Markets and Money. AMC - The High Cost of Survival, All in all, AMC is a top-of-the-line entertainment company. However, AMC's stock price is in the doldrums. Why is that? It's all about the price of film tickets. The rise in ticket prices is creating a problem for AMC. The trend of higher ticket prices has driven customers away. AMC can't continue to enjoy high profits if it cannot attract more customers. One of AMC's other problems is that it doesn't get the box office revenues it used to from some of its films. In fact, for example, AMC released the film The Last Jedi in December 2017. It was released in Europe in January 2018. On its opening day, the movie earned just $1.5 million on approximately 2,300 screens in the U.S.

 

Who are AMC's competitors?

The company's main competitors include: AMC's competitors include: AMC is a consumer discretionary company. Its competitors in this industry include: AMC's competitors include: Ford Motor Company, Chrysler Group LLC, Nissan Group, Toyota Motor Corp., Hyundai Motor Company, and Tesla Inc. What does AMC's Dividend Symbol Mean? AMC pays shareholders a quarterly dividend of 27 cents per share. The dividend is payable on December 13th to shareholders on record as of December 1st. Share prices of AMC have changed since the company last paid its dividend. Investors will want to check the up-to-date share prices of the company in order to determine if they can expect a dividend payment in the near future. Income tax on dividend income is the responsibility of the investor.

 

Conclusion

AMC is a highly profitable company and the stock has strong upside potential. That said, the company faces several hurdles. We believe that AMC stock is a strong buy.

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