Jim Cramer Says You Should Sell AMC Entertainment Holdings Inc (NYSE:AMC) [Yahoo! Finance]
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AMC Entertainment Holdings, Inc. Class A (AMC)
NASDAQ:AMEX Investor Relations:
investor.amctheatres.com
Company Research
Source: Yahoo! Finance
But first let's see what Jim Cramer is saying about the broader economic situation. Jim Cramer in a program earlier this month said the “bulls” want the economy to slow down, they want rate cuts as well as a strong demand so that “their companies” won't have to worry about the yield curve and macroeconomic situation. Cramer highlighted that all of this is confusing, as it's not possible to have a weaker economy and yet see companies make a lot of money. Cramer also pointed to the latest data showing slowing manufacturing activity. The Institute for Supply Management's manufacturing purchasing managers index fell to 48.7 in May from 49.2 in April, while analysts were expecting the index to jump to 49.5. Cramer said that the economic activity in the manufacturing sector contracted for the 18 th time in the last 19 months. Cramer said the new orders contraction in May was a “little over frightening.” Talking about the energy sector, Cramer said that he'd buy oil and gas stocks as the
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AMC
News
- Netflix Won the Streaming Wars, and Now It's Entered the Popcorn Wars [Yahoo! Finance]Yahoo! Finance
- AMC Entertainment (AMC) Registers a Bigger Fall Than the Market: Important Facts to Note [Yahoo! Finance]Yahoo! Finance
- 'Inside Out 2' helps bring banner weekend for AMC Theatres [FOX Business Network]FOX Business Network
- Pixar's ‘Inside Out 2' Scores Biggest Opening Weekend Since ‘Barbie' [Yahoo! Finance Canada]Yahoo! Finance Canada
- AMC Entertainment: Box Office Blast-Off, 'Inside Out' Market [Seeking Alpha]Seeking Alpha
AMC
Earnings
- 5/8/24 - Miss
AMC
Sec Filings
- 6/11/24 - Form 4
- 6/11/24 - Form 4
- 6/11/24 - Form 4
- AMC's page on the SEC website