The most recent update comes from Citi, which revised its AMC Entertainment model. As shares in the cinema chain operator continue to surge, Citi analysts have raised their price target on AMC stock from $3.10 to $3.20。
AMC Entertainment has turned from meme stock galore into a stock with mostly pessimistic views on Seeking Alpha and the general market.
Shares of top movie theater operator AMC Entertainment fell 9% to close at $4.72 on above-normal trading volume after the company revealed a plan to sell up to 50 million。
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