AMC

During the rise of COVID-19 and the economic upheavals that followed, a new phenomenon arose. Fueled by social media, stimulus checks, and just a little ...

With theaters, in general, coming back into play and Hollywood rolling out the big-name movies again, AMC is in an excellent position to make a comeback here as well. So I'd be cautious making an investment in either, but of the two, AMC looks like it might be about to start something big. Historically, the value of gold has never gone to zero. AMC's focus on brick-and-mortar theaters in a market that was increasingly going to streaming hurt it badly. AMC's recent move to invest in Hycroft Mining ( HYMC) changed the picture. However, it's AMC that really catches the attention here. During the rise of COVID-19 and the economic upheavals that followed, a new phenomenon arose. Even after the government-required lockdowns began to lift, there was still plenty of interest in staying home and playing games. Moreover, some consoles—the Xbox Series S in particular—will only work with digital games. Yet, GameStop's strong dependence on used, physical video games doesn't bode well for it, especially in a market increasingly dominated by digital gaming purchases. The last 12 months for GameStop have been a wild ride by any standard. After all, interest in the video game markets spiked dramatically during the pandemic.

AMC Entertainment Holdings Inc Chief Executive Adam Aron said the movie-theater chain would embark on more "transformational" deals to capitalize on the ...

He cited AMC's recent acquisition of former Arclight and Pacific cinema locations, and said the company had plans to add more premium screens at existing theaters and retire some of its debt. Aron's tweets have been read more than 200 million times since April, he said. "Transformational M&A is mandatory. AMC bought Hycroft shares at $1.07, and they were trading at $1.32 last week. Register now for FREE unlimited access to Reuters.com Register now for FREE unlimited access to Reuters.com

Shares of AMC Entertainment Holdings, Inc. (NYSE: AMC) have soared over the past two weeks as retail investors' interest in meme stocks, particularly the ...

AMC stock seem to have vastly outrun its notable unrealized gains in Hycroft shares and warrants. The author has no affiliations related to this organization. (This statement seemed to trigger 45% and 81% rallies in AMC and Hycroft stocks, respectively, during trading on March 28.) The table below was in an investor presentation the company made in late February/early March 2022; no mention of gold production is made on a timeline which runs through year-end 2023. While not the only reason for the meme stock renaissance, the market’s decision to embrace AMC’s unusual investment in a struggling gold miner, Hycroft Mining Holding Corporation (NASDAQ: HYMC), has been a factor in the revaluation of the sector. Indeed, it is no exaggeration to say that no investment or hedge fund manager, regardless of his/her track record, would ever receive this much credit from investors based on a single investment.