AMC Entertainment Stocks, to invest or not?
If you are a movie fan, you have surely heard about AMC, one of the largest entertainment companies in the world. Its success has sparked the interest of investors, so here you will know how to buy AMC Entertainment Shares. In fact, since the GameStop scandal, AMC Entertainment Holdings was the next target of the coordinated Reddit communities, who pushed the first company’s actions in 2021.
Here we review all the details you need to know about AMC USA shares if you want to invest in it.
What is AMC Entertainment?
AMC began in 1920 with the purchase of a small theater by a family of actors: Maurice, Edward, and Barney Dubinsky. Little by little and thanks to a great effort from those involved, the company grew and this allowed them to acquire more theaters in the United States.
Its growth was so exponential that in 1980 it was listed on the New York Stock Exchange. Part of its success is due to innovation, for example: the drive-in. And that’s how AMC Entertainment Holdings became the largest movie theater chain in the world.
AMC Entertainment Stock Price
The share price, at the time of writing this article, is $8.33 US dollars, which represents a fall of 6.18% compared to the previous day. Remember that the company is listed on the New York Stock Exchange, in English known as the New York Stock Exchange (NYSE), the largest stock market in the world. You will find the giant of movie theaters with the initials AMC.
The AMC stock forecast, reviewing its graph, it seems that it can continue to fall and that it will cost it to reach the price it had at some point: $25 dollars. What price can AMC get? everything indicates that the price of the shares of this company will be in the range of $8.26 – $8.75 dollars.
Remember that you can check the price of AMC shares and also modern shares by doing a simple search on the Internet. The price is updated in real time on different platforms.
AMC’s Main Competitors
To put AMC in context a little more in the market in which it operates, we review some of its main competitors.
- Cineplex
- Cinemark
- Regal Entertainment Group
- Marcus Corporation
- Alamo Draft House
To this we must add the streaming platforms that are experiencing tremendous growth and that also compete against movie theaters. At the same time, the company has good strategies in its quest to stay in the market. Two clear examples of this are: IMAX and Universal Picture.
To invest in AMC Entertainment forum actions you must have an account in one of the different legal brokers or investment platforms that exist today. The registration process is simple, but you must do it carefully so as not to have problems with your data. You will also need to verify the account to have full access to all features.
Once this is done, you will only have to load the account with money, the investment platforms have several payment methods. Finally, buy AMC shares and apply the investment strategy you have planned. Never do it without a plan, remember that we are talking about money and it is not a game.
Some of the most popular investment platforms and where this company is available are:
- etoro
- IQ Option
- Capex