AMC Stock Price: AMC Entertainment rises despite market sell off to close the week

NYSE: AMC gained 1.18% during Friday’s trading session.
Disney’s recent earnings success might be bad news for AMC.
AMC is hoping to attract moviegoers by playing the Best Picture candidates.

Stocks Reporter FXStreet

NYSE: AMC continued its unpredictable path on Friday, as the stock rose higher despite a global market sell off to end the week. Shares of AMC gained 1.18% and closed the trading week at $18.81. Markets took a dive midday as fears of an impending attack on Ukraine by Russian forces dominated the headlines. All three major indices crashed into the close, as the NASDAQ dropped by a further 2.78%, the S&P 500 fell by 1.90%, and the Dow Jones lost 503 basis points during the session.

Stay up to speed with hot stocks' news!

Even as the end to the pandemic is seemingly within reach, AMC and other theater operators continue to struggle to sell tickets. Part of this was likely revealed during the recent Walt Disney (NYSE: DIS) earnings call, when the House that Mickey built reported a record 129.8 million Disney+ subscribers. The problem for AMC is that movies that will eventually be released to Disney+, like the recent hit Encanto, are getting much more viewers at home than in theaters. Encanto is the fastest Disney film to reach 200 million hours watched on the platform, and every time a user watches it at home, it takes revenues out of AMC’s pockets.

AMC stock forecast

AMC is looking to attract a wider and more diverse audience to its theaters as it shows six of the seven films nominated for the Best Picture Academy Award. This is a part of AMC’s Artisan Films program which has played the Best Picture nominees for the past fifteen years. These films will be played at select AMC theaters from March 18th to March 27th around the country.

Like this article? Help us with some feedback by answering this survey:

Premium

You have reached your limit of 3 free articles for this month.

Start your subscription and get access to all our original articles.

Subscribe to Premium Sign In

Author

Stocks Reporter

FXStreet

AUD/USD regains mild traction, falters near 0.7150

AUD/USD gathers some steam and manages to flirt with the 0.7150 level on Thursday. However, the pair has retraced some of Wednesday’s significant pullback due to renewed selling pressure on the Greenback and a slight improvement in risk sentiment following hopes of a deal in the Middle East. Wrapping up the Australian docket, the RBA’s Hauser will speak early on Friday.

USD/JPY trades below 160.00 intervention threshold; bullish bias intact

The USD/JPY pair attracts some sellers during the Asian session amid fears that authorities will step in again to prop up the Japanese Yen. Furthermore, the Israel-Lebanon truce prompts some profit-taking around the US Dollar and exerts downward pressure on the currency pair.

Gold puts its 200-day SMA to the test near $4,420

Gold keeps the bullish stance in place in the latter part of Thursday’s session, although a convincing break above the key $4,500 mark per troy ounce still remains elusive. The precious metal’s advance comes amid the resurgence of some selling interest around the Greenback, improving risk sentiment, and declining US Treasury yields across the board.

XRP plummets as ETF outflows, geopolitical tensions reinforce bearish outlook

Ripple (XRP) edges lower, trading around $1.15 at the time of writing on Thursday, its lowest price since February 6. The cross-border money remittance token is extending the sell-off for the fifth consecutive day, reflecting persistent headwinds from ongoing geopolitical tensions and investor uncertainty.

Nonfarm payrolls: Testing the limits of Fed policy patience

The upcoming nonfarm payrolls report for May will provide the final update on the US labor market before Kevin Warsh attends his first policy meeting as the new Fed Chair later this month.

Recession on paper: What really moves the Canadian Loonie now?

Statistics Canada handed the headline writers a gift and the analysts a headache. Real GDP shrank 0.1% on an annualized basis in the first quarter, and with the fourth quarter of 2025 revised down to a 1.0% contraction, that is two negative quarters in a row, the textbook definition of a technical recession and Canada's first since the pandemic.