Chavvobimbo
2021-08-20
Hdidhebe
Why AMC Entertainment Stock Fell 5% Today
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But why?</p>\n<p>I mean, didn't Citigroup just this morning raise its price target on the movie theater chain stock by 35%?</p>\n<p><img src=\"https://static.tigerbbs.com/dd3adff3dc918e899412a2aba00f83ae\" tg-width=\"700\" tg-height=\"595\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: Getty Images.</p>\n<h2>So what</h2>\n<p>Well, yes, it did. As StreetInsider.com reports today, Citigroup this morning gave AMC a price target hike from $3.70 per share to $5 even. Problem is, right now AMC stock is trading closer to $35 a share than to $5. And this means that, basically, Citigroup just said AMC stock is doomed to lose about 85% of its value over the next 12 months.</p>\n<p>As the analyst explained, not only has AMC been forced to take on a massive debt load, in excess of $11 billion, to keep itself solvent through the pandemic -- \"elevated leverage\" that is \"an added risk to an uncertain recovery,\" in the analyst's view. On top of that, the rise of at-home video streaming and concurrent movie releases both in theaters and on folks' television sets means \"the strategic role of exhibitors is diminishing,\" warns the analyst.</p>\n<h2>Now what</h2>\n<p>Little wonder, therefore, that Citigroup is maintaining its sell rating on this totally profitless stock. I can't say I disagree.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why AMC Entertainment Stock Fell 5% Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy AMC Entertainment Stock Fell 5% Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-19 23:07 GMT+8 <a href=https://www.fool.com/investing/2021/08/19/why-amc-entertainment-stock-fell-5-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of AMC Entertainment Holdings (NYSE:AMC) stock stumbled 6% in early trading on the New York Stock Exchange this morning, and remain down 5% as of 10:45 a.m. EDT. But why?\nI mean, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/19/why-amc-entertainment-stock-fell-5-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/08/19/why-amc-entertainment-stock-fell-5-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160601987","content_text":"What happened\nShares of AMC Entertainment Holdings (NYSE:AMC) stock stumbled 6% in early trading on the New York Stock Exchange this morning, and remain down 5% as of 10:45 a.m. EDT. But why?\nI mean, didn't Citigroup just this morning raise its price target on the movie theater chain stock by 35%?\n\nImage source: Getty Images.\nSo what\nWell, yes, it did. As StreetInsider.com reports today, Citigroup this morning gave AMC a price target hike from $3.70 per share to $5 even. Problem is, right now AMC stock is trading closer to $35 a share than to $5. And this means that, basically, Citigroup just said AMC stock is doomed to lose about 85% of its value over the next 12 months.\nAs the analyst explained, not only has AMC been forced to take on a massive debt load, in excess of $11 billion, to keep itself solvent through the pandemic -- \"elevated leverage\" that is \"an added risk to an uncertain recovery,\" in the analyst's view. On top of that, the rise of at-home video streaming and concurrent movie releases both in theaters and on folks' television sets means \"the strategic role of exhibitors is diminishing,\" warns the analyst.\nNow what\nLittle wonder, therefore, that Citigroup is maintaining its sell rating on this totally profitless stock. I can't say I disagree.","news_type":1},"isVote":1,"tweetType":1,"viewCount":367,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":8,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/838682166"}
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