The Latest Breaking News from AMC

The entertainment industry is poised for long-term growth due to the adoption of cutting-edge technologies and advancement in 5G infrastructure. While industry players are expected to benefit from the industry tailwinds, I think National CineMedia (NCMI), Cinemark (CNK), and Imax (IMAX) are better buys than AMC Entertainment (AMC). Read more.

After agreeing with investors on the conversion of a special unit dividend into common shares last month, AMC said it would sell another 40 million shares.

While an upcoming film screening might be profitable, AMC's financial metrics and market trends are concerning. Let us delve into some of its metrics to assess whether this stock is a buy this week.

‘Taylor Swift: The Eras Tour’ has already earned a reported £29m in presale tickets in the US

Two-hour, 45-minute concert film shatters cinema chain AMC record and figure only represents part of presale haul

Two spinoffs of “The Walking Dead” and the next season of “Interview With the Vampire” will be resuming production despite the Hollywood strikes after reaching a deal with the actors' union

AMC Theaters, anticipating high demand from Swift fans, said the film will play at least four times a day Thursday, Fridays, Saturday and Sundays at all of its U.S. locations.

Swift's tour has bolstered economies and crashed the Ticketmaster website. AMC said it has increased its online ticket server by more than five times its normal capacity to accommodate for the demand.

Swift is currently partway through the massive global tour, which is expected to earn around $1.4bn