What Happened?
Shares of theater company AMC Entertainment (NYSE:AMC) jumped 6.1% in the pre-market session after the company posted a strong fourth-quarter 2024 performance, far surpassing analysts' EBITDA forecasts, with adjusted EBITDA more than tripling from last year. Revenue also beat Wall Street estimates, fueled by a strong box office lineup and a 20% jump in attendance. However, despite solid revenue and EBITDA gains, EPS fell well below expectations. Overall, this was a mixed yet decent quarter.
The shares closed the day at $3.28, down 0.2% from previous close.
Is now the time to buy AMC Entertainment? Access our full analysis report here, it’s free .
What The Market Is Telling Us
AMC Entertainment’s shares are extremely volatile and have had 53 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.
AMC Entertainment is down 17.9% since the beginning of the year, and at $3.30 per share, it is trading 51.8% below its 52-week high of $6.85 from May 2024. Investors who bought $1,000 worth of AMC Entertainment’s shares 5 years ago would now be looking at an investment worth $63.07.
Today’s young investors likely haven’t read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next .