New York, June 18, 2026, 07:05 (EDT)
- AMC traded at $2.66 before the NYSE opened Thursday, after logging gains in the last two sessions.
- The stock rose Wednesday on heavy volume, bucking weaker moves in the Nasdaq and Dow.
- U.S. markets are closed Friday for Juneteenth. Thursday’s main NYSE session will take place as usual.
c shares changed hands at $2.66 ahead of Thursday’s regular session on the New York Stock Exchange, steady after the previous day’s big jump. Traders are watching signs of recovery in moviegoing, but the theater chain’s large debt remains a concern. The share price gives AMC a market cap of about $1.44 billion.
AMC shares are trading during a shortened week, with the NYSE core session set from 9:30 a.m. to 4:00 p.m. ET. The exchange will shut on Friday, June 19, for Juneteenth.
AMC shares added 6.83% to end Wednesday at $2.66 for a second day of gains. The stock moved on heavy volume, with 68.4 million shares changing hands—about twice its 50-day average. AMC beat Cinemark, up 0.27%, and Marcus, up 4.60%. The Nasdaq Composite dropped 1.34% and the Dow slipped 0.98%.
IMAX ended Wednesday at a record $44.23, picking up with other cinema stocks as traders eyed a busier summer for movies. The company, known for its premium large-format screens, rallied as the sector saw gains, though the lift was uneven across the group.
U.S. stock futures ticked higher early Thursday, bouncing after a drop in the previous session. That steadier market may help AMC, which dealt with rougher trading conditions on Wednesday. Regular trading wasn’t open yet.
AMC got more backing last week as the company announced it wrapped up a $150 million at-the-market equity sale. The program lets AMC push shares out to the market over time. AMC put out around 105.3 million shares before any commissions and fees. Chairman and CEO Adam Aron said the move “strengthens our balance sheet” and “bolsters our cash reserves.” AMC Entertainment Holdings, Inc.
Attendance has given the stock a boost too. AMC reported 25.5 million guests at AMC Theatres and ODEON Cinemas in May, the most for any May since 2019. CEO Aron said moviegoers were “pouring out in droves” for well-marketed Hollywood films. AMC Entertainment Holdings, Inc.
AMC’s balance sheet is still looking tough. The company posted a net loss of $117.1 million for the first quarter, which was better than the $202.1 million loss last year. But interest expense jumped to $139.9 million from $119.1 million. At March 31, AMC reported $4.02 billion in principal corporate borrowings.
There’s a risk the strong release lineup won’t get cash in the door fast enough. The equity sale gave AMC more liquidity but increased the share count, which dilutes current holders. That means every old share is now a smaller piece of the company. If summer box office doesn’t hold up, debt costs could be the main story for AMC again.
Related articles: NYSE:AMC
