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AMC Entertainment is the largest American cinema chain in the world. It includes 620 cinemas in the United States and 365 in Europe. The company was founded in 1920 and is headquartered in Kansas.
In December 2020, the once-popular business began to crash due to the pandemic.
However, in January 2021, AMC.N became one of the short squeeze targets by private investors on Reddit. This literally saved the company from bankruptcy. Thanks to massive purchases and agreements at the beginning of the year, users were able to accelerate the share price from $5 to $20. As a result, the company was able to close its debts and raised more than $1.2 billion in total through debt and equity deals.
A similar movement was repeated in May 2021. Then, in just a week, the cost rose by 116%, from $12 to $26, and reached $37 by the end of spring.
AMC Entertainment stock price is in the focus of the market now. Increasingly, this company is included in the most discussed in professional trading forums. Open an account with FxPro so that you can not only buy these securities but also sell them by opening trades speculating on the price of the asset. This is called CFD, or Contract for Difference.
If you are looking for a real-time online chart, you can find one on this page. However, it is always best to check for accurate quotes on the trading platform.
Before you start trading, we recommend you check the trading conditions specific to this asset. Also, keep up with the corporate news to avoid missing significant events that would concern this company price. Sometimes even a minor message or a small report can affect the shares and change the balance of power.
One of the most important things to pay attention to is upcoming earnings releases and dividend payment dates. You can check the monthly schedule on the Dividend & Earnings Calendar on the FxPro website. If you have a Buy position open on the ex-dividend date, your trading account will be credited with the dividend net of any withholding taxes. In the case of holding a Sell position, the whole dividend will be debited from your account. If you have questions about this, our customer support team are on hand to assist.
Start Trading AMC.N CFD Stocks with FxPro Today!