AMC Stock Has a Lot to Prove This Week
If you like stories of intrigue and unexpected plot twists, you've come to the right place. AMC Entertainment Holdings (NYSE: AMC) reports fresh financial results this week, shortly after Monday's market close.
There's never a dull moment when it's AMC's turn to step up during earnings season. Last time out was just the latest roller-coaster ride. The stock opened 9% higher on the better-than-expected earnings news, but it would go on to give back all of those gains -- and then some -- in the subsequent hours. The shares ultimately closed 6% lower that day.
How will this week shake out? The shares are much higher now, and the the same can be said about the stakes. No matter how the numbers play out or whatever rabbits AMC CEO Adam Aron pulls out of a hat, the only given here is that AMC stock will be on the move this week.
Source Fool.com
