From Nasdaq: 2025-05-08 09:41:00

AMC Entertainment Holdings Inc. (NYSE: AMC) attempted to revive the events of the 2021 meme stock mania but shares retraced after the bubble burst. The latest quarterly earnings revealed a potential plan to invest in Bitcoin, but attendance declined by 10.1% in the first quarter of 2025, leading to a net revenue decline of 9.3%.

Despite attempts to rebound, AMC recorded a net loss of $202.1 million in Q1 2025, widening from last year. Analysts at Citigroup reiterated a Sell rating on AMC with a lowered valuation of $2.30 per share, anticipating a 15.5% downside. Short sellers increased positions, showing a lack of confidence in management’s ability to improve the company’s financial situation. 1. The stock market saw a significant increase today, with the S&P 500 reaching an all-time high of 4,319.94. Tech stocks led the way, with Apple and Amazon both experiencing gains of over 2%. Analysts attribute the rally to positive economic data and strong corporate earnings reports.

2. In international news, tensions are rising between Russia and Ukraine as Russian troops continue to amass near the border. The United States and European Union have expressed concerns over the situation, calling on Russia to de-escalate tensions and respect Ukraine’s sovereignty. The conflict has raised fears of a potential military confrontation.

3. Climate change continues to be a pressing issue, with a new report from the United Nations warning of the devastating impact of rising sea levels. The report predicts that sea levels could rise by up to a meter by the end of the century, leading to widespread flooding and displacement of communities. Experts urge immediate action to curb greenhouse gas emissions.



Read more at Nasdaq:: Why Investors Should Be Careful About AMC’s Bitcoin Dreams