AMC Entertainment Hldgs Stock (NYSE: AMC)

AMC Entertainment Hldgs (NYSE:AMC) Stock

AMC Enter Hldgs

AMC Entertainment Holdings Inc is involved in the theatrical exhibition business. It owns, operates, or has interests in theatres located in the United States and Europe. It provides amenities such as plush, power recliners, MacGuffins full bars, AMC Dine-In Theatres, and premium presentation. The company has identified two reportable segments and reporting units for its theatrical exhibition operations, U.S. markets and International markets. It derives key revenue from the U.S.

AMC Entertainment Holdings, Inc. Class A Common Stock

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Major U.S. indices closed higher on Monday, with the Dow Jones Industrial Average increasing by 0.3% to 40,415.44, the S&amp;P 500 advancing 1.1% to 5,564.41, and the Nasdaq climbing 1.6% to 18,007.57.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)
Nvidia&#8217;s shares rose by 4.76% to close at $123.54. The company is reportedly developing a new AI chip, provisionally named &#8220;B20&#8221;, <a href="https://www.benzinga.com/news/24/07/39877062/nvidia-reportedly-developing-a-new-version-of-its-flagship-ai-chip-for-chinese-market-amid-us-export">designed to comply</a> with U.S. export controls for the Chinese market. This move comes in response to Washington&#8217;s decision to tighten its controls on semiconductor exports to China in 2023. 
CrowdStrike Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>)
CrowdStrike shares fell by 13.46% to close at $263.91. The cybersecurity company experienced a significant global IT outage last week, which led to a sharp drop in its stock price. The company&#8217;s CEO, George Kurtz, <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/07/39888488/jim-cramer-applauds-crowdstrikes-response-to-global-it-outage-sees-swift-recovery-ahead-">quickly took responsibility</a> for the outage, stating it was due to &#8220;a defect found in a single content update&#8221; and was not a result of a cyberattack. 
See Also: <a href="https://www.benzinga.com/general/entertainment/24/07/39891426/amc-entertainment-stock-halted-movie-theater-chain-announces-restructuring-of-debt-load-ada?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">AMC Entertainment Announces Restructuring Of Debt Load, Adam Aron Says Box Office Challenges Are In &#8216;Rearview Mirror&#8217; (UPDATED)</a>
AMC Entertainment Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>)
AMC shares increased by 5.39% to close at $5.28. The company announced plans to restructure its debt load, which led to a temporary halt in trading of its shares. AMC is reportedly moving its U.S. theaters into a <a href="https://www.benzinga.com/general/entertainment/24/07/39891426/amc-entertainment-stock-halted-movie-theater-chain-announces-restructuring-of-debt-load-ada">different unit of the company</a> to exchange its existing debt for new obligations backed by those theater locations. 
Verizon Communications Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>)
Verizon&#8217;s stock fell by 6.08% to close at $39.09. The company reported its fiscal <a href="https://www.benzinga.com/news/earnings/24/07/39883078/verizon-q2-earnings-wireless-revenue-and-broadband-subs-gain-traction-sales-fall-short-of-expectati">second-quarter results</a>, with sales increasing by 0.6% year over year to $32.8 billion, slightly missing the analyst consensus estimate of $33.1 billion. 
Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla&#8217;s shares rose by 5.15% to close at $251.51. The electric vehicle company is expected to release its <a href="https://www.benzinga.com/news/24/07/39890904/whats-going-on-with-tesla-stock-monday">quarterly financial earnings</a> on Tuesday after the market closes. 
Photo by Jirapong Manustrong on Shutterstock
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

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Nvidia, CrowdStrike, AMC, Verizon, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Major U.S. indices showed mixed results on Thursday. The Dow Jones Industrial Average rose by 0.2% to close at 38,886.17, while the S&amp;P 500 dipped slightly by 0.02% to 5,352.96. The Nasdaq also edged down by nearly 0.1% to finish at 17,173.12.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
GameStop Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>)
GameStop shares soared by 47.45%, closing at $46.55 after hitting an intraday high of $47.5. In the after-hours trading the share shot up another nearly 32% to $61.27. The surge followed the return of Keith Gill, known as Roaring Kitty on social media, who is <a href="https://www.benzinga.com/markets/equities/24/06/39213778/gamestop-stock-surges-as-roaring-kitty-launches-video-countdown-what-investors-should-know">set to host</a> his first YouTube livestream in three years. This development sent GameStop shares higher on Thursday.
AMC Entertainment Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>)
AMC Entertainment shares climbed 12.43% to close at $5.79. In after-hours trading the shares rose 12.3% to $6.50. The stock&#8217;s performance was influenced by the swift surge in GameStop stock, which also led to a rise in other meme stocks. The <a href="https://www.benzinga.com/news/24/06/39213733/whats-going-on-with-amc-entertainment-koss-corp-blackberry-and-newegg-shares-thursday">volatility in GameStop</a> and other retail darlings is largely attributed to Roaring Kitty.
See Also: <a href="https://www.benzinga.com/markets/equities/24/06/39213778/gamestop-stock-surges-as-roaring-kitty-launches-video-countdown-what-investors-should-know?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">GameStop Stock Surges As Roaring Kitty Launches Video Countdown: What Investors Should Know</a>
Robinhood Markets Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>)
Shares of Robinhood rose 6.49% to close at $22.97. The company&#8217;s acquisition of Bitstamp has drawn significant attention from industry experts, with CEO Vlad Tenev highlighting the profound impact of cryptocurrencies on the financial system. The <a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39210989/is-robinhoods-crypto-exchange-deal-really-massive-and-the-first-domino-to-fall">landmark deal</a> has been deemed &#8216;massive&#8217; and the &#8216;first domino to fall&#8217; in the crypto sector.
PayPal Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>)
PayPal shares traded higher by 5.49%, closing at $67.02. The shares were driven by heavy trading volume and positive sentiment despite no company-specific news. The rise was <a href="https://www.benzinga.com/news/24/06/39217718/paypal-stock-popped-on-thursday-whats-going-on">possibly influenced</a> by the appointment of a new Chief Accounting Officer and recent analyst upgrades with higher price targets.
Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla&#8217;s stock increased by 1.68%, closing at $177.94. The stock hit an intraday high of $179.73 and a low of $172.73. Despite a surge in sales for Chinese automakers in the UK, Tesla&#8217;s <a href="https://www.benzinga.com/news/24/06/39202799/chinese-automakers-surge-in-uk-as-tesla-ford-sputter-byd-leads-2-700-sales-increase-in-may">performance remained steady</a>. 
Photo by Phongphan on Shutterstock
Prepare for the day&#8217;s trading <a href=""Premarket">with top premarket movers and news</a> by Benzinga.
Read Next: <a href="https://www.benzinga.com/markets/equities/24/06/39192292/amc-stock-rises-as-annual-shareholder-meeting-results-roll-in-whats-going-on?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">AMC Stock Rises As Annual Shareholder Meeting Results Roll In: What&#8217;s Going On?</a>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

HOOD

PYPL

GameStop, AMC, Robinhood, PayPal, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Jay Clayton, the former chair of the Securities and Exchange Commission (SEC), has voiced his apprehension regarding the recent surge in GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) and AMC Entertainment Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>) stock prices.
What Happened: Clayton, in an interview with CNBC on Friday, expressed his concerns about the recent surge in the stock prices of GameStop and AMC. The former SEC chair suggested that the recent stock surge is more akin to gambling than trading or investing.
&#8220;It bothers me. It bothers me on many levels&#8230;It is a lot closer to gambling than it is to trading and certainly not investing,&#8221; Clayton said in the interview.
He also questioned the validity of social media posts, particularly tweets, as investment advice. 
&#8220;Is a tweet really investment advice? I think we&#8217;ve learned the last five, six, seven years that a tweet is really never investment advice,&#8221; he added.
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<iframe loading="lazy" title="Former SEC Chair Jay Clayton on meme stocks craze: It bothers me, it is &#039;certainly not investing&#039;" width="500" height="281" src="https://www.youtube.com/embed/nZZxvqE6NIo?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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See Also: <a href="https://www.benzinga.com/news/24/05/38776732/biden-chief-economic-advisor-promises-relief-for-middle-class-sets-sights-on-overturning-corporate-t?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Biden Chief Economic Advisor Promises Relief For Middle Class, Sets Sights On Overturning Corporate Tax Cuts: Report</a>
Why It Matters: The recent surge in GameStop and AMC stock prices has sparked a debate within the financial community. The surge, which saw <a href="https://www.benzinga.com/news/24/05/38814104/gamestop-up-triple-digits-premarket-is-2021-meme-stock-rally-back">GameStop&#8217;s stock price soaring by 147%</a> and AMC&#8217;s by 121% in pre-market trading on Tuesday, has been attributed to a resurgence of the meme stock phenomenon that first gained attention in early 2021.
Financial analysts have <a href="https://www.benzinga.com/news/24/05/38814104/gamestop-up-triple-digits-premarket-is-2021-meme-stock-rally-back">viewed this resurgence as a speculative wave</a> driven by retail investors coordinating through online platforms, highlighting the unpredictability and potential risk factors associated with such stocks.
Meanwhile, a financial expert has <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38809033/is-gamestop-surge-after-roaring-kitty-a-fomo-expert-warns-retail-investors-need-to-">warned investors about the potential risks</a> associated with meme stocks, particularly GameStop. He advised investors to be cautious and understand the motivations behind such investments.
On the other hand, CNBC&#8217;s Mad Money host, Jim Cramer, <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38815078/jim-cramer-bets-cash-strapped-amc-gamestop-may-issue-shares-to-capitalize-on-new-me">believes that the new meme stock rally </a>is unlikely to slow down, with both GameStop and AMC poised for another strong session. Cramer suggested that both companies could use the stock surge to raise capital through public offerings.
Price Action: GME was trading 79% higher at $54.44, while AMC was up 96.75% at $10.29 at the time of writing, according to data from <a href="http://pro.benzinga.com">Benzinga Pro.</a>
Read Next: <a href="https://www.benzinga.com/markets/equities/24/05/38807245/big-short-fame-investor-expects-elon-musks-tesla-shares-to-plunge-70-people-are-going-to-start-t?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">&#8216;Big Short&#8217; Fame Investor Expects Elon Musk&#8217;s Tesla Shares To Plunge 70%: &#8216;People Are Going To Start To Lose Patience&#8217;</a>
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Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

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Meme Stock Surge 'Bothers' Former SEC Chair As GameStop, AMC Shares Rise Nearly 80% On Tuesday: 'A Lot Closer To Gambling…Certainly Not Investing'

The major U.S. indices had a mixed performance on Monday. The Dow Jones Industrial Average fell by 0.2% to close at 39,431.51, and the S&amp;P 500 declined by 0.02% to finish at 5,221.42. Conversely, the Nasdaq ended the day up nearly 0.3%, closing at 16,388.24.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
GameStop Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>)
GameStop&#8217;s shares soared by a whopping 74.40% to close at $30.45. The stock hit an intraday high of $38.20 and a low of $24.77, with a 52-week range of $9.95 to $38.2. This surge can be traced back to a social media post from Keith Gill, best known as &#8220;Roaring Kitty&#8221; on YouTube and Reddit. After three years of silence, Gill&#8217;s post sparked a rally in <a href="https://www.benzinga.com/news/24/05/38801786/gamestop-trader-roaring-kitty-sparks-wall-street-rally-in-heavily-shorted-stocks-what-you-need-to-kn">heavily shorted stocks</a>, leading to GameStop&#8217;s significant gain.
AMC Entertainment Holdings, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>)
AMC Entertainment&#8217;s stock climbed by 78.35% to close at $5.19. The shares reached an intraday high of $5.88 and a low of $3.16, with a 52-week range of $2.38 to $62.30. This surge was also influenced by the return of &#8220;Roaring Kitty&#8221; on social media, sparking questions about the <a href="https://www.benzinga.com/news/24/05/38789552/are-meme-stocks-back-heres-whats-going-on-with-shares-of-gamestop-amc-entertainment-koss-corp-and-mo">resurgence of meme stocks</a>.
See Also: <a href="https://www.benzinga.com/news/24/05/38776732/biden-chief-economic-advisor-promises-relief-for-middle-class-sets-sights-on-overturning-corporate-t?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Biden Chief Economic Advisor Promises Relief For Middle Class, Sets Sights On Overturning Corporate Tax C</a>
Alibaba Group Holding Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>)
Alibaba&#8217;s shares rose by 5.70% to close at $84.60. The stock hit an intraday high of $85 and a low of $82.60, with a 52-week range of $66.63 to $102.5. As the company prepares to release its earnings, Goldman Sachs analyst Ronald Keung <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38798436/what-to-expect-from-alibabas-earnings-heres-what-goldman-sachs-is-watching">highlighted key factors</a> that could drive the share price.
Rivian Automotive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>)
Rivian&#8217;s shares increased by 9.11% to close at $10.90. The stock reached an intraday high of $11.19 and a low of $10.03, with a 52-week range of $8.26 to $28.06. The company reported better-than-expected first-quarter revenue last week and maintained its 2024 production forecast of 57,000 units, leading to a <a href="https://www.benzinga.com/news/24/05/38797005/whats-going-on-with-rivians-stock">rise in its stock</a>.
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla&#8217;s shares rose by 2.03% to close at $171.89. The stock hit an intraday high of $175.4 and a low of $169, with a 52-week range of $138.80 to $299.29. The company recently received <a href="https://www.benzinga.com/markets/asia/24/05/38782261/china-greenlights-another-big-tesla-factory-this-time-for-megapack-project">approval for a new megafactory project</a> in China, which will be its second megafactory after the one in California. 
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GameStop, AMC, Alibaba, Rivian, Tesla: Why These 5 Stocks Are On Investors' Radars Today

On Tuesday, the main U.S. stock indexes closed with varied results: the Dow Jones Industrial Average rose by 0.2% to reach 37,798.97, while the S&amp;P 500 dipped by 0.2% to 5,051.41. The Nasdaq saw a slight fall of 0.1% to 15,865.25.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) closed the day with a 1.71% increase at $617.52. The stock hit an intraday high of $622.45 and a low of $607.5. Its 52-week range is $315.62 to $639. <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38278466/netflix-q1-earnings-preview-subscriber-growth-potential-price-increase-ad-tier-plan">Netflix is set to report its first-quarter financial results</a> on Thursday, April 18, 2024, after market close.
AMC Entertainment Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>) saw a 10.12% increase, closing at $2.72. The stock&#8217;s intraday high was $2.89 and the low was $2.38. Its 52-week range is $2.38 to $62.3. <a href="https://www.benzinga.com/news/24/04/38278889/whats-going-on-with-amc-entertainment-stock">AMC shares were trending across social media</a> on Tuesday. &#8220;Personally, I think it&#8217;s inconceivable that AMC would have to restructure like Regal Cinemas did and file for Chapter 11,&#8221; said AMC CEO Adam Aron.
United Airlines Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) rose by 1.12% to close at $41.50. The stock&#8217;s intraday high was $41.72 and the low was $40.1. Its 52-week range is $33.68 to $58.23. <a href="https://www.benzinga.com/news/earnings/24/04/38280727/united-airlines-stock-takes-off-on-q1-earnings-beat-the-details">United Airlines reported first-quarter revenue</a> of $12.539 billion, beating the consensus estimate of $12.4 billion.
WiSA Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WISA#NASDAQ">WISA</a>) skyrocketed by 248.57% to close at $6.1. The stock&#8217;s intraday high was $8.6 and the low was $2.43. Its 52-week range is $1.66 to $402. <a href="https://www.benzinga.com/markets/equities/24/04/38273285/why-wisa-technologies-shares-are-skyrocketing-today">WiSA Technologies&#8217; unit WiSA Association executed its fourth 5-year WiSA E licensing agreement</a> with a fourth major HDTV/PTV (Projection TV) brand.
Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) closed the day down by 2.71% at $157.11. The stock hit an intraday high of $158.19 and a low of $153.75. Its 52-week range is $152.37 to $299.29. <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38262675/not-good-for-tesla-if-its-true-says-fund-manager-as-new-report-says-ev-maker-has-pu">Tesla has reportedly put on hold the development of its low-cost vehicle</a>.
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 Benzinga Neuro, Edited by 
 
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 Shivdeep Dhaliwal</a> 
 
 
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 The GPT-4-based Benzinga Neuro content generation system exploits the 
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NFLX

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Netflix, AMC, United Airlines, WiSA Technologies, Tesla: Why These 5 Stocks Are On Investors' Radars Today

In a recent episode of CNBC&#8217;s &#8220;Mad Money,&#8221; host Jim Cramer discouraged viewers from investing in AMC Entertainment Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>) stock, citing the company&#8217;s recent performance. Instead, he recommended two other stocks.
What Happened: Cramer, in his &#8220;Lightning Round&#8221; segment, expressed his reservations about AMC&#8217;s stock on Monday, as <a href="https://www.cnbc.com/2024/01/29/cramers-lightning-round-we-dont-want-amc.html">reported</a> by CNBC on Monday. He suggested that the company&#8217;s stock isn&#8217;t performing well, attributing this to a decline in moviegoers.
"We don't want AMC. AMC's not doing well. We want stocks that go higher…The consumer's not going to the movies like they used to."
He advised viewers to consider investing in Northrop Grumman Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>) and John Bean Technologies Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBT#NYSE">JBT</a>) instead. Cramer, who had previously been hesitant about Northrop Grumman, said he was now ready to &#8220;pull the trigger&#8221; at the current price of $438.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/01/36828433/forget-gamestop-stock-now-theres-a-gamestop-memecoin-and-its-worth-millions?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Forget GameStop Stock, Now There&#8217;s A GameStop Memecoin And It&#8217;s Worth Millions</a>
He also expressed his fondness for John Bean Technologies, a company in the global industrial food sector, calling it &#8220;a little quirky, but good.&#8221;
Why It Matters: AMC has been a subject of intense market speculation and short interest. AMC&#8217;s short percent of float <a href="https://www.benzinga.com/insights/short-sellers/24/01/36806137/peering-into-amc-enter-hldgss-recent-short-interest">increased by 3.51% in a recent report</a>. The company has 24.10 million shares sold short, which is 9.74% of all regular shares available for trading. This indicates a bearish market sentiment towards the stock.
Despite a 45.2% year-over-year increase in third-quarter revenue, <a href="https://www.benzinga.com/analyst-ratings/analyst-color/23/11/35708050/what-will-be-amcs-innovative-recovery-path-post-pandemic-this-analyst-wants-to-wait">AMC&#8217;s recovery post-pandemic</a> has been a subject of debate. In November, Benchmark analyst Mike Hickey reiterated a Hold rating on the stock, suggesting a wait-and-see approach to its innovative recovery path.
Read Next: <a href="https://www.benzinga.com/markets/equities/24/01/36814939/if-you-invested-1000-in-apple-when-the-ipad-was-launched-14-years-ago-heres-how-much-youd-have-t?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">If You Invested $1000 In Apple When The iPad Was Launched 14 Years Ago, Here&#8217;s How Much You&#8217;d Have Today</a>
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Analyst Ratings

Jim Cramer Advises Against AMC Stock, Suggests These Two Stocks Instead: 'The Consumer's Not Going To The Movies Like They Used To'

U.S. stocks ended Wednesday in the red, with the Nasdaq Composite falling more than 170 points. The Dow traded down 0.76% to 37,430.19 while the NASDAQ fell 1.18% to 14,592.21. The S&amp;P 500 also fell, dropping 0.8% to 4,704.81. 
Transitioning into individual stock performances, these are the top stocks that gained the attention of retail traders and investors throughout the day:
AMC Entertainment Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>)
AMC shares traded lower by 8.67%, closing at $5.58. The stock fluctuated between a high of $6.07 and a low of $5.55, with a 52-week range of $5.55 to $85.3. AMC announced a series of <a href="https://www.benzinga.com/news/24/01/36471959/whats-going-on-with-amc-entertainment-stock">privately negotiated exchange agreements</a>, issuing shares for its subordinated notes. Analyst Eric Wold of B. Riley Securities maintained a Neutral rating on AMC, adjusting the price target from $15 to $12.
Cal-Maine Foods Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CALM#NASDAQ">CALM</a>)
CALM shares dropped 3.21%, closing at $54.86. The stock hit an intraday high of $56.34 and a low of $54.66, with a 52-week range of $42.25 to $61.91. The company reported weaker-than-expected second-quarter results, with a significant <a href="https://www.benzinga.com/news/earnings/24/01/36479813/cal-maine-foods-stock-sinks-after-company-posts-weak-q2-results-company-provides-hpai-outlook-the-d">decrease in sales</a> and average selling price for conventional eggs. Despite these challenges, Cal-Maine Foods is confident in its ability to manage the impact of the HPAI outbreak on its operations.
Li Auto Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>)
LI shares increased by 3.32%, closing at $35.74. The stock saw an intraday high of $35.82 and a low of $34.57, with a 52-week range of $19.81 to $47.33. Goldman Sachs analyst Tina Hou <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/01/36477500/goldman-sachs-bullish-on-li-auto-anticipates-50-upside-from-this-leading-pure-nev-p">initiated coverage</a> on Li Auto with a Buy rating, setting a price target that implies a 52.9% upside. The company&#8217;s growth is driven by increasing monthly deliveries and the launch of new electric vehicle models.
SoFi Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>)
SOFI shares declined by 13.89%, closing at $8.31. The stock&#8217;s intraday high was $9.03, and the low was $8.28, with a 52-week range of $4.45 to $11.7. The drop <a href="https://www.benzinga.com/news/24/01/36474976/why-sofi-technologies-shares-are-trading-lower-by-around-13-here-are-other-stocks-moving-in-wednesda">followed a downgrade</a> by Keefe, Bruyette &amp; Woods from Market Perform to Underperform, with a lowered price target.
Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
TSLA shares fell 4.01%, closing at $238.45. The stock reached a high of $245.68 and a low of $236.32, with a 52-week range of $101.81 to $299.29. On Wednesday, GLJ Research CEO Gordon Johnson said in an appearance on CNBC that &#8220;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/01/36464776/tesla-bear-says-evs-are-not-for-the-masses-despite-impressive-q4-deliveries-you-can">EVs are not for the masses</a>.&#8221; Johnson noted the steep prices of EVs and the fact that they are &#8220;hard to afford for a worker who makes an average salary of $65,000/year.&#8221;
Prepare for the day's trading <a href="Premarket Movers &amp; News &#x2A;&#x2A;">&#x2A;&#x2A;with top premarket movers and news</a> by Benzinga.
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CALM

SOFI

AMC, Cal-Maine Foods, Li Auto, SoFi Technologies, Tesla: Why Are These 5 Stocks On Investors' Radars Today

U.S. stocks experienced a downtrend towards the end of trading, with significant indices including the Nasdaq Composite and the S&amp;P 500 reflecting the bearish sentiment. The Nasdaq Composite took a hit, falling more than 80 points, echoing the declines in the Dow and the S&amp;P 500. The tech-heavy index slid down 0.63% to 13,574.22 on Thursday. The Dow was down 0.51% at 33,631.14, while the S&amp;P 500 fell 0.62% to 4,349.61.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Dollar General Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DG#NYSE">DG</a>) closed the day at a 1.77% loss, with a final price of $101.83, after reaching an intraday high of $104.26 and a low of $101.09. The stock&#8217;s 52-week range stood between $261.59 and $101.09. The company&#8217;s shares traded higher in the after-hours following an update on its outlook and the <a href="https://www.benzinga.com/news/23/10/35230231/why-dollar-general-stock-is-moving-higher">appointment of a new CEO</a>. Dollar General revised its fiscal-year 2023 outlook and announced the resignation of Jeff Owen, with Todd Vasos stepping in as the new CEO.
The Boeing Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) ended the day with a 2.43% loss at $191.3, after hitting an intraday high of $195.7 and a low of $189.96. The stock&#8217;s 52-week performance ranged from $243.1 to $124.17. Boeing is in the spotlight for its <a href="https://www.benzinga.com/pressreleases/23/10/n35219213/boeing-nasa-united-airlines-to-test-saf-benefits-with-air-to-air-flights">collaboration with NASA and United Airlines</a> to test the benefits of sustainable aviation fuel (SAF) with air-to-air flights, marking a significant step towards sustainability in aviation.
JD.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) suffered an 8.27% loss, closing at $27.83. The stock peaked at $29.95 and bottomed at $27.55 during the day, with its 52-week high and low standing at $67.1 and $27.55 respectively. JD.com was part of the broader bullish sentiment in Hong Kong markets, lifted by China's sovereign fund purchasing bank stocks, as reported in this <a href="https://www.benzinga.com/markets/penny-stocks/23/10/35224132/hong-kong-stocks-rally-as-sovereign-bank-buy-up-overshadows-climb-in-negative-mortgages">Benzinga article</a>.
AMC Entertainment Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>) saw a 5.57% increase, closing at $11, with an intraday high of $11.17 and a low of $10.21. The stock&#8217;s 52-week performance has been volatile, reaching a high of $91.5 and a low of $7.05. AMC's stock ascended following the anticipation of the <a href="https://www.benzinga.com/news/23/10/35219540/whats-going-on-with-amc-entertainment-stock-thursday">Taylor Swift Eras Tour concert film debut</a>, setting a record for ticket sales revenue.
Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) closed at a 1.57% loss at $258.87, with an intraday high of $265.41 and a low of $256.63. The electric vehicle maker&#8217;s 52-week range is between $299.29 and $101.81. Tesla issued a warning about the <a href="https://www.benzinga.com/news/23/10/35212275/tesla-warns-strong-likelihood-of-model-3s-7500-tax-credit-getting-slashed-next-year">likely reduction of the Model 3's tax credit</a> next year, urging customers to finalize their purchases to avail the full incentive.
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Media

Dollar General, Boeing, JD.Com, AMC, Tesla — Why These 5 Stocks Are Trending Today?

The Hollywood strike, which has lasted for months, <a href="https://www.benzinga.com/news/23/09/34785041/breakthrough-in-hollywood-writers-and-producers-close-to-ending-100-day-strike" target="_blank" rel="noreferrer noopener">is nearing its end</a>, and it&#8217;s the right time to reflect on the <a href="https://www.benzinga.com/general/entertainment/23/05/32175899/is-your-favorite-show-affected-by-the-writers-strike-3-hit-series-go-on-halt-and-only-one-t" target="_blank" rel="noreferrer noopener">shows that faced disruption</a> during this period.
What Happened:&nbsp;Negotiations between the major film and television studios and the&nbsp;<a target="_blank" href="https://www.benzinga.com/general/entertainment/23/05/32125907/writers-strike-looms-over-hollywood-average-residual-checks-can-barely-cover-an-in-n-out-bu" rel="noreferrer noopener">striking writers from</a>&nbsp;the&nbsp;Writers Guild of America&nbsp;or&nbsp;WGA&nbsp;have yielded a tentative agreement, marking a significant turning point in the labor dispute.
In an email to members, the WGA expressed their gratitude, saying, &#8220;What we have won in this contract – most particularly, everything we have gained since May 2nd – is due to the willingness of this membership to exercise its power, to demonstrate its solidarity, to walk side-by-side, to endure the pain and uncertainty of the past 146 days,&#8221;&nbsp;<a target="_blank" href="https://edition.cnn.com/2023/09/24/business/wga-strike-ends-reaches-deal/index.html" rel="noreferrer noopener">reported</a>&nbsp;CNN.&nbsp;
While the agreement terms are not immediately known, the WGA hailed the tentative deal as exceptional, promising meaningful gains and protections for writers across all membership sectors.
See Also:&nbsp;<a target="_blank" href="https://www.benzinga.com/general/entertainment/23/08/33852677/netflix-iger-lead-the-way-as-hollywood-studios-offer-a-new-deal-to-striking-writers" rel="noreferrer noopener">Netflix, Iger Lead The Way As Hollywood Studios Offer A New Deal To Striking Writers</a>
The strike&#8217;s effects rippled beyond the realm of writers. The actors&#8217; union,&nbsp;SAG-AFTRA, representing approximately 160,000 actors, has been on strike since mid-July in solidarity with the writers.&nbsp;
Both strikes have cascaded<a target="_blank" href="https://www.benzinga.com/general/entertainment/23/05/32431660/hollywood-writers-strike-hits-hbos-the-last-of-us-season-2" rel="noreferrer noopener">&nbsp;the entertainment industry</a>, leading to production delays, financial losses, and layoffs in various sectors.
One crucial issue that emerged during the negotiations was the role of artificial intelligence in content creation. Writers expressed&nbsp;<a target="_blank" href="https://www.benzinga.com/news/23/07/33358596/aoc-joins-picket-lines-with-striking-actors-writers-says-this-is-a-fight-against-ai-and-wall-street" rel="noreferrer noopener">concerns about the rise of AI</a>&nbsp;and its potential to replace human writers in the industry.&nbsp;
While the tentative agreement is a significant step forward, it does not immediately end the strike. The WGA is clear that members should not return to work until authorized by the Guild.&nbsp;
However, the report noted that the WGA has suspended picketing activities, suggesting a shift in the tone of the ongoing dispute.&nbsp;
A Look Back At The Shows That Have Been Affected By This Strike
Late-Night Shows: ABC&#8217;s&nbsp;&#8220;Jimmy Kimmel Live,&#8221;&nbsp;CBS&#8217;s&nbsp;&#8220;The Late Show,&#8221;&nbsp;NBC&#8217;s&nbsp;&#8220;Tonight&#8221; and &#8220;Late Night,&#8221; and&nbsp;HBO&#8217;s&nbsp;&#8220;Real Time with Bill Maher&#8221; and &#8220;Last Week Tonight with John Oliver&#8221; all went on hiatus, with reruns replacing live broadcasts.&nbsp;
Comedy Central&#8217;s&nbsp;&#8220;The Daily Show&#8221; was also paused during this period.
Abbott Elementary:&nbsp;The third season&#8217;s writers&#8217; room for the Emmy-winning show &#8220;Abbott Elementary&#8221; closed, potentially impacting the number of episodes for the upcoming season.
AMC Shows:&nbsp;Despite completed scripts, production for&nbsp;AMC&#8217;s Anne Rice&nbsp;series and &#8220;Walking Dead&#8221; spinoff remained halted.
American Dad/Family Guy:&nbsp;The teams behind &#8220;American Dad&#8221; and &#8220;Family Guy&#8221; stopped working in support of the strike.
Andor:&nbsp;Showrunner&nbsp;Tony Gilroy&nbsp;discontinued all activities on the&nbsp;Disney+ show&nbsp;&#8220;Andor.&#8221;
Big Mouth:&nbsp;The&nbsp;Netflix&nbsp;animated series was affected during the writing of its final season.
Blade: Marvel&nbsp;halted pre-production on the vampire reboot &#8220;Blade.&#8221;
Cobra Kai:&nbsp;The writers&#8217; room for &#8220;Cobra Kai&#8221; season 6 closed, and no writers were on set for production.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">We hate to strike, but if we must, we strike hard. Pencils down in the Cobra Kai writers room. No writers on set. These aren&#39;t fun times, but it&#39;s unfortunately necessary. The moment a fair deal is in place, we&#39;ll get back to kicking ass. In the meantime, sending strength and… <a href="https://t.co/99UulF7HeW">https://t.co/99UulF7HeW</a>
&mdash; Jon Hurwitz (@jonhurwitz) <a href="https://twitter.com/jonhurwitz/status/1653392069665214467?ref_src=twsrc%5Etfw">May 2, 2023</a></blockquote>
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Evil:&nbsp;Production on Season 4 of the&nbsp;Paramount+&nbsp;series wrapped earlier than anticipated due to picketing WGA members.
Good Omens:&nbsp;The long-awaited season 2 of &#8220;Good Omens&#8221; faced uncertainty as creator&nbsp;Neil Gaiman&nbsp;supported the writers&#8217; strike.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I&#39;m in the Writers Guild of America. I wish this wasn&#39;t happening and support it absolutely. When I wake up tomorrow I&#39;ll be on strike. (To forestall the inevitable questions, Good Omens 2 is completed and handed in. Although I may not be able to promote it as I had hoped.) <a href="https://t.co/sc64H4bm5E">https://t.co/sc64H4bm5E</a>
&mdash; Neil Gaiman (@neilhimself) <a href="https://twitter.com/neilhimself/status/1653275780074307585?ref_src=twsrc%5Etfw">May 2, 2023</a></blockquote>
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The Last of Us: Warner Bros. Discovery&#8217;s&nbsp;&#8220;The Last of Us&#8221; also encountered a setback as production was put on hold, and the show&#8217;s co-creator&nbsp;Craig Mazin&nbsp;advocated for the rights of fellow writers.&nbsp;
House of the Dragon:&nbsp;Scripts for the second season of &#8220;House of the Dragon&#8221; were turned in, but executive producer&nbsp;Ryan Condal&nbsp;remained working on the series in a non-writing capacity.
Jeopardy!: Mayim Bialik&nbsp;stepped away from hosting duties on &#8220;Jeopardy!&#8221; to support the strike, with&nbsp;Ken Jennings&nbsp;filling in for her.
MTV Movie Awards:&nbsp;Host&nbsp;Drew Barrymore&nbsp;exited her role, and the red-carpet event was canceled.
Rap Sh!t:&nbsp;Production on the second season of the&nbsp;Issa Rae&nbsp;series wrapped in April.
The Rings of Power:&nbsp;Production for the second season of &#8220;The Lord of the Rings: The Rings of Power&#8221; continued, but executive producers&nbsp;J.D. Payne&nbsp;and&nbsp;Patrick McKay&nbsp;supported the strike.
Saturday Night Live:&nbsp;The live sketch show went dark, supporting the writers&#8217; strike.
Stranger Things:&nbsp;The show creators, the Duffer brothers, halted production on the Netflix series, saying it would continue until an agreement was reached between the WGA and AMPTP.&nbsp;
The Talk:&nbsp;&#8220;The Talk&#8221; ceased filming, but previously recorded new episodes continued to air.
The Upshaws:&nbsp;Production on the Netflix sitcom &#8220;The Upshaws&#8221; was suspended, with already completed episodes set to premiere.
Yellowjackets:&nbsp;Writing for season 3 of the&nbsp;Showtime&nbsp;drama &#8220;Yellowjackets&#8221; halted after just one day of progress.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Well, we had exactly one day in the <a href="https://twitter.com/hashtag/YellowJackets?src=hash&amp;ref_src=twsrc%5Etfw">#YellowJackets</a> S3 writers' room. It was amazing, and creatively invigorating, and so much fun, and I'm very excited to get back to it as soon as the <a href="https://twitter.com/hashtag/WGA?src=hash&amp;ref_src=twsrc%5Etfw">#WGA</a> gets a fair deal. <a href="https://twitter.com/hashtag/1u?src=hash&amp;ref_src=twsrc%5Etfw">#1u</a> <a href="https://twitter.com/hashtag/unionstrong?src=hash&amp;ref_src=twsrc%5Etfw">#unionstrong</a> &#x270a;&#x1f41d;
&mdash; Ashley Lyle (@ashannlyle) <a href="https://twitter.com/ashannlyle/status/1653277529061601280?ref_src=twsrc%5Etfw">May 2, 2023</a></blockquote>
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Editor&#8217;s Note: Artificial intelligence was used as a secondary aid in writing this story.
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Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a target="_blank" href="https://www.benzinga.com/topic/consumer-tech" rel="noreferrer noopener">following this link</a>.
Read Next:&nbsp;<a target="_blank" href="https://www.benzinga.com/general/entertainment/23/07/33223353/double-strike-in-hollywood-actors-and-writers-unite-in-work-stoppage" rel="noreferrer noopener">Double Strike In Hollywood: Actors And Writers Unite In Work Stoppage</a>

Entertainment

Tech

Historic Hollywood Strike Nears End, But Battle Isn't Over: Look Back At The Shows Affected

U.S. stocks experienced a downward trend midway through trading, with the Dow Jones declining approximately 200 points on Wednesday. The Dow ended Wednesday lower by 0.57% to 34,443.19, while the NASDAQ saw a decrease of 1.06% to 13,872.47. Similarly, the S&amp;P 500 also witnessed a drop, falling 0.7% to 4,465.48. 
These are the top stocks that gained the attention of retail traders and investors throughout the day:
GameStop Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) GameStop shares saw a decline of 2.50%, closing at $18.75. The stock&#8217;s intraday high was $19.15, with a low of $18.42, and a 52-week range between $15.41 and $34.99. GameStop announced a Q2 net sales increase of 2.5% year-over-year, reaching $1.16 billion. This performance surpassed analysts&#8217; expectations. However, the company will not be holding a conference call to discuss these results. A notable mention is the upcoming movie &#8220;Dumb Money,&#8221; which focuses on the GameStop stock saga and is set to release on September 22. <a href="https://www.benzinga.com/news/earnings/23/09/34293319/gamestop-q2-earnings-highlights-revenue-beat-eps-beat-no-conference-call">Read more about GameStop&#8217;s performance here</a>.
Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) Apple&#8217;s shares decreased by 3.58%, closing at $182.91. The stock&#8217;s intraday high and low were $188.85 and $181.47, respectively, with a 52-week range of $124.17 to $198.23. Recent reports suggest that China has banned the use of iPhones for government officials at work, aligning with Beijing&#8217;s cybersecurity and technology self-reliance efforts. <a href="https://www.benzinga.com/news/23/09/34286415/why-apple-shares-are-falling">Find out more about Apple&#8217;s stock movement here</a>.
Pfizer Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFE#NYSE">PFE</a>) Pfizer&#8217;s stock declined by 2.85%, closing at $34.37. The intraday high and low were $35.28 and $34.26, respectively, with a 52-week range between $34.26 and $54.93. UK regulators recently approved an updated COVID-19 vaccine by Pfizer, targeting the Omicron XBB.1.5 subvariant. The vaccine, sold under the brand Comirnaty, has been approved for individuals aged 6 months and above. <a href="https://www.benzinga.com/news/small-cap/23/09/34294328/non-disappearing-covid-creates-another-chapter-for-the-pharmaceutical-industry">Read more on Pfizer&#8217;s recent developments here</a>.
Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Tesla shares dropped by 1.78%, closing at $251.92. The stock&#8217;s intraday high and low were $255.39 and $245.06, respectively, with a 52-week range of $101.81 to $313.8. Tesla reported a 9.4% year-over-year increase in China sales for August. Additionally, Tesla&#8217;s Shanghai Gigafactory announced the production of its 2 millionth vehicle. <a href="https://www.benzinga.com/news/23/09/34280584/whats-going-on-with-tesla-stock-today">Discover more about Tesla&#8217;s stock trends here</a>.
AMC Entertainment Holdings, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>) AMC shares plummeted by a staggering 36.80%, closing at $8.62. The stock&#8217;s intraday high and low were $11.7 and $8.43, respectively, with a 52-week range between $8.43 and $107.5. The significant drop came after AMC announced an agreement to sell up to 40 million shares through an equity distribution agreement with several Wall Street investment banks. This move followed two weeks of downward pressure on the stock after AMC implemented a 10-1 reverse stock split and converted its preferred equity shares into common stock. <a href="https://www.benzinga.com/trading-ideas/long-ideas/23/09/34282648/amc-plunges-following-share-offering-agreement-why-bulls-need-stock-to-hold-this-level">Read more about AMC&#8217;s stock movement here</a>.
Photo by Pixels Hunter on Shutterstock
Prepare for the day's trading <a href="Premarket Movers &amp; News">with top premarket movers and news</a> by Benzinga.
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AAPL

GameStop, Apple, Pfizer, Tesla, AMC: Why These 5 Stocks Are Trending Today

The concert film of&nbsp;Taylor Swift&#8216;s successful &#8216;Eras Tour&#8217; is set to hit theaters next month, despite ongoing Hollywood strikes, reported <a href="https://www.billboard.com/music/music-news/taylor-swift-eras-tour-movie-hollywood-strike-1235404250/">Billboard</a>.
Swift&#8217;s concert film, shot over three nights at SoFi Stadium in Los Angeles, will be released in every AMC Theatre (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>) in the U.S., Mexico and Canada on Oct. 13.
Questions arose on how the film was able to be produced during&nbsp;the ongoing Hollywood strike by&nbsp;actors and writers, which has largely halted production on most U.S. film, TV, and streaming projects. However, the film obtained clearance under an interim agreement struck by SAG-AFTRA, covering&nbsp;non-AMPTP (Alliance of Motion Picture&nbsp;and Television Producers) productions that&nbsp;meet the same standards the&nbsp;unions are seeking in their&nbsp;negotiations with the studios. 
See Also:&nbsp;<a href="https://www.benzinga.com/news/23/08/34081890/microsoft-memo-leak-reveals-guidance-for-managers-connect-rewards-to-employee-impact-avoid-salary-fr?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Microsoft Memo Leak Reveals Guidance For Managers: Connect &#8216;Rewards&#8217; To Employee &#8216;Impact,&#8217; Avoid Salary F</a>
The interim agreement covers various terms&nbsp;from scheduled breaks to payment&nbsp;for fittings, wardrobe&nbsp;allowances, meals and more.
Every&nbsp;U.S. AMC Theatre location will&nbsp;run the 2 hours 45 minutes long &#8216;Eras&#8217; film at&nbsp;least four times per day&nbsp;on Thursday, Friday, Saturday and Sunday. Tickets are priced at $19.89 plus tax for adults&nbsp;and $13.13 for children and seniors&nbsp;plus tax.
Following&nbsp;the Ticketmaster <a href="https://www.benzinga.com/general/entertainment/22/11/29737196/look-what-you-made-me-do-taylor-swift-fans-hit-with-ticketmaster-outage-during-tour-pre-sal">fiascos during Eras&nbsp;Tour presale </a>tickets,&nbsp;AMC has reportedly&nbsp;upgraded its website and ticketing&nbsp;engines to handle a significant increase in ticket-buying traffic.
Read Next: Americans alone spend $100 billion on nicotine products per year. One startup has synthesized a medicine that eliminates the need to smoke in up to 95% of tested smokers. It's called Rexis Biotech and you can invest in it&nbsp;<a href="https://www.benzinga.com/alternative-investments/listing/rexis-biotech">before the product's public release.</a>
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Taylor Swift's 'Eras Tour' Movie Gears Up For Theatrical Release Amidst Hollywood Strike

The S&amp;P 500, Nasdaq, and Dow Jones Industrial Average closed lower on Thursday, reflecting broad-based selling pressure. The S&amp;P 500 closed at 4376.31, down by 1.35%, whereas Nasdaq last close stood at 13,463.97 losing 1.87% for the day. Dow Jones also faced a similar fate, closing at 34,099.42, shedding 1.08% from its previous close.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Affirm Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>), dipped 4.82% to close at 13.81. The fintech firm released Q4 earnings showing <a href="https://www.benzinga.com/news/earnings/23/08/34033178/affirm-stock-jumps-on-q4-earnings-revenue-up-22-strong-guidance-adjusted-operating-income-positive-">a 22% increase</a> in revenue and provided strong guidance, boosting investor interest. 
See Also:&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/23/08/33980010/shiba-inu-worth-800-can-make-you-a-millionaire-if-shib-reaches-this-level?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Shiba Inu Worth $800 Can Make You A Millionaire If SHIB Reaches This Level</a>
Hawaiian Electric Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HE#NYSE">HE</a>) slipped 2.06% to 11.86. The company recently came under scrutiny following a <a href="https://www.benzinga.com/trading-ideas/long-ideas/23/08/34019203/jim-cramer-says-this-major-telecom-stock-is-horrendous">negative review</a> by a notable market analyst.
AMC Entertainment Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>) tumbled 26.68% to end the day at 14.37. The entertainment giant&#8217;s stock has been on a <a href="https://www.benzinga.com/news/23/08/34025390/whats-going-on-with-amc-entertainment-stock">wild ride</a> due to its popularity among retail investors and its recent Q2 earnings report.
Ulta Beauty, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) closed down 3.48% at 422.74. Despite the drop, investors showed interest as the company&#8217;s Q2 earnings <a href="https://www.benzinga.com/news/earnings/23/08/34033509/beat-and-raise-ulta-beauty-stock-gets-a-boost-from-q2-earnings">beat expectations</a> and raised its annual forecast.
Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), which closed at 230.04, down by 2.88%. The electric vehicle maker is <a href="https://www.benzinga.com/news/23/08/34017302/tesla-sheds-almost-200b-in-market-value-amid-recession-fears-and-internal-woes-one-fifth-of-its-peak">struggling with internal woes</a> and recession fears, resulting in nearly $200 billion being shaved off its market value.
Photo by Phongphan on Shutterstock
Read Next: <a href="https://www.benzinga.com/markets/equities/23/08/33997058/cathie-wood-mops-up-8-1m-worth-of-zoom-stock-after-q2-earnings-beat-sells-nvidia-shares-in-exces">Cathie Wood Mops Up $8.1M Worth Of Zoom Stock After Q2 Earnings Beat, Sells Nvidia Shares In Excess Of $1M</a>
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AFRM

ULTA

Affirm Holdings, Hawaiian Electric, AMC, Ulta Beauty, Tesla: Why These Five Stocks Are Drawing Investors' Attention Today

Entertainment stocks were down on Tuesday&nbsp;after the Writers Guild of America (WGA) labor union endorsed a strike on the eve of May 2, disrupting the <a href="https://www.benzinga.com/general/entertainment/23/05/32125907/writers-strike-looms-over-hollywood-average-residual-checks-can-barely-cover-an-in-n-out-bu" target="_blank">movie production industry</a>.&nbsp;
Shares of&nbsp;Netflix Inc.&nbsp;(NASDAQ:&nbsp;<a href="https://www.benzinga.com/stock/nflx#NASDAQ">NFLX</a>) fell 1.5% on the day, but other movie studio stocks experienced even greater declines. 
Walt Disney Co.&nbsp;(NYSE:&nbsp;<a href="https://www.benzinga.com/stock/dis#NYSE">DIS</a>) eased 1.9%,&nbsp;Warner Bros. Discovery&nbsp;(NASDAQ:&nbsp;<a href="https://www.benzinga.com/stock/wbd#NASDAQ">WBD</a>) was 2% down and&nbsp;Paramount Global&nbsp;(NASDAQ:&nbsp;<a href="https://www.benzinga.com/stock/para#NASDAQ">PARA</a>)&nbsp;fell 2.4%.&nbsp;AMC Entertainment Holdings Inc&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/amc#NYSE">AMC</a>) was the underperformer, tumbling&nbsp;3.5%.&nbsp;
Chart: Entertainment Stocks Reaction To Hollywood&#39;s Writers Strike
<img alt="" src="https://www.benzinga.com/files/u1363475/nflx_2023-05-02_15-31-24_821b0.png" style="height:500px; width:701px" />
The decision was made by the WGA after six weeks of fruitless negotiations with the Alliance of Motion Picture and Television Producers, which includes Netflix, Amazon.com, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>), Apple Inc&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aapl#NASDAQ">AAPL</a>), Disney, Warner Bros. Discovery, Comcast Corporation&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cmcsa#NASDAQ">CMCSA</a>) NBCUniversal, Paramount&nbsp;and Sony Group Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sony#NYSE">SONY</a>).
About 11,500 TV and film writers are now demanding higher pay and more secure employment, arguing that the shift to streaming in Hollywood has created an unstable, gig-like economy that has disrupted the sector.
Studios say they&#39;re cutting costs because decades-old network and cable TV business models are no longer viable as more consumers migrate to streaming.
On Monday, the Alliance of Motion Picture and Television Producers (AMPTP)&nbsp;announced &quot;generous increases in compensation for writers as well as improvements in streaming residuals.&quot;
While the&nbsp;impacts of the strike will first be seen on talk shows, the effects on scripted programs and movies may take a while to be felt, but if the strike lasts long enough, future releases may be delayed.
The previous writers&#39; strike,&nbsp;lasted three months, from November 2007&nbsp;to February 2008.&nbsp;
During this period, studio stock prices declined significantly, with Walt Disney down 5%, Paramount down 10%, Comcast down 14%, and Warner Bros. down 16.6%.
Chart: Price Performance Of Movie Studio Stocks During The 2007&ndash;08 Writers Guild of America Strike
<img alt="" src="https://www.benzinga.com/files/u1363475/dis_2023-05-02_15-48-10_d8090.png" style="height:500px; width:100%" />
Read Next:&nbsp;<a href="https://www.benzinga.com/news/23/05/32121073/ready-for-takeoff-american-airlines-pilots-vote-to-strike-putting-summer-travels-on-shaky-turbulence" target="_blank">Ready For Takeoff? American Airlines Pilots Vote To Strike, Putting Summer Travels On Shaky Turbulence</a>
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SONY

5 Stocks To Keep An Eye On As WGA Strike Could Bring Hollywood To A Halt: Why History Suggests Selling Movie Stocks During Strikes

Detroit startup TiiCKER Inc. announced a new partnership with Hollywood studio Lions Gate Entertainment Corp (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lgf-a#NYSE">LGF-A</a>) (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lgf-b#NYSE">LGF-B</a>).
The goal is to attract the same group of young Reddit traders that supported AMC Entertainment Holdings Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/amc#NYSE">AMC</a>) when it was on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/08/28535631/why-meme-stocks-amc-entertainment-and-gamestop-are-still-in-danger-of-declining-to-">brink of bankruptcy.</a>
What Happened? <a href="https://investors.lionsgate.com/news-and-events/press-releases/2022/11-14-2022-141539527">Lions Gate recently announced</a> it is partnering with TiiCKER to launch its Shareholder Red Carpet Rewards program, which is focused on small investors. Lions Gate investors wil have access to collectible certificates branded with classic films such as &quot;Dirty Dancing&quot; and &quot;Reservoir Dogs.&quot;
Related Link: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/11/29575394/robinhood-traders-beat-the-s-p-500-is-the-retail-investor-back">Robinhood Traders Beat The S&amp;P 500: Is The Retail Investor Back?</a>
In addition to the collectibles, investors will receive perks such as a 50% discount to Lions Gate&#39;s Starz streaming service and a chance to win tickets to Lions Gates movie premiers.
Why It&#39;s Important: TiiCKER launched in 2020 and specializes in direct-to-shareholder marketing. The company helps public companies reward individual investors by providing discounts, deals and gifts to shareholders and incentivizing customers to become investors.
&quot;We&#39;re thrilled to debut our first partnership with a world-class Hollywood film &amp; television studio and their tens of millions of subscribers and fans in utilizing the TiiCKER platform to build shareholder loyalty and engagement,&quot; TiiCKER founder and CEO Jeff Lambert said in a statement.
Related Link: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/08/28535631/why-meme-stocks-amc-entertainment-and-gamestop-are-still-in-danger-of-declining-to-">Why Meme Stocks AMC Entertainment And GameStop Are Still &#39;In Danger Of Declining To $0&#39;</a> 
Investors can view a full list of the Shareholder Red Carpet Rewards program at TiiCKER.com/LGF or in the TiiCKER app, and Lions Gate shareholders can redeem their rewards by creating an account connected to their brokerage account and verifying their stock ownership.
Benzinga&#39;s Take: Lions Gate appears to be looking for some of the market magic AMC was able to tap into by appealing to small retail investors&#39; passion and nostalgia for classic movies. Reddit traders send AMC shares from under $2 to as high as $72.62 in 2021, allowing the company to raise much-needed cash by dumping hundreds of millions of shares into the market. AMC stock is now trading back down at around $7.50.
Next: <a href="https://www.benzinga.com/general/entertainment/22/11/29707521/amc-entertainment-stock-surges-higher-following-black-panther-sequel-release-whats-happenin">AMC Surges After Release Of &#39;Black Panther&#39; Sequel </a>

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LGF.A

Does Lions Gate Want Some Of That AMC Magic? Studio Partners With Detroit Startup

AMC Entertainment Holdings Inc&rsquo;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/amc#NYSE">AMC</a>) mobile app has started accepting payments in Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) and Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">SHIB</a>), and other cryptocurrencies for their movie tickets.&nbsp;
What Happened: In a recent tweet, AMC CEO Adam Aron announced that crypto payments are now accepted on the company&#39;s smartphone app.
Customers can use crypto payments provider&nbsp;BitPay, to spend DOGE and SHIB on tickets.
<blockquote class="twitter-tweet">Exactly as promised, the AMC mobile app for AMC&rsquo;s U.S. theatres now accepts online payments using Doge Coin, Shiba Inu, and other crypto currencies &mdash; thanks to Bitpay. Also Apple Pay, Google Pay and Paypal. To do so, you first will need to update to the latest version of our app. <a href="https://t.co/MMy7SIxYbl">pic.twitter.com/MMy7SIxYbl</a>
&mdash; Adam Aron (@CEOAdam) <a href="https://twitter.com/CEOAdam/status/1515021890431164424?ref_src=twsrc%5Etfw">April 15, 2022</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>Also Read:&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/22/04/26624590/the-amc-token-launches-on-april-30-but-does-it-have-anything-to-do-with-the-company" rel="noopener noreferrer" target="_blank">The AMC Token Launches On April 30, But Does It Have Anything To Do With The Company?</a>
AMC has already been accepting various crypto payments for ticket purchases. It implemented SHIB and DOGE on its website in March via BitPay.&nbsp;
<blockquote class="twitter-tweet">Your replies just might break the internet, given your clear enthusiasm and interest in cryptocurrency. As promised, the <a href="https://t.co/SPYfKWXcwi">https://t.co/SPYfKWXcwi</a> web site now accepts Dogecoin and Shiba Inu for online payments! A special shout out to <a href="https://twitter.com/BitPay?ref_src=twsrc%5Etfw">@BitPay</a> for helping us to make this happen. <a href="https://t.co/6bwPvQfEet">pic.twitter.com/6bwPvQfEet</a>
&mdash; Adam Aron (@CEOAdam) <a href="https://twitter.com/CEOAdam/status/1501962022409445385?ref_src=twsrc%5Etfw">March 10, 2022</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>The company started allowing customers to pay using <a href="https://cointelegraph.com/news/amc-theatres-debuts-online-bitcoin-payments-after-months-of-teasing">Bitcoin</a> (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) way back in 2021.&nbsp;
What It Matters: According to reports, crypto payments on AMC&rsquo;s web client account for roughly 14 percent of all its movie ticket transactions.&nbsp;
AMC has also launched its NFT collectibles via the WAX blockchain, both in tandem with &quot;Spider-Man: No Way Home&quot; and also as a reward for AMC shareholders.&nbsp;
AMC released The Batman NFTs via Palm, a sidechain scaling solution for Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) as well.&nbsp;
At the time of writing, Dogecoin was down&nbsp;2.28% in the past 24 hours at a current price of $0.1444. It was up by 1.04% in the last seven days.&nbsp;
However, Shiba Inu was down less than a percentage point in the last 24 hours and was trading at $0.00002577. The wider crypto market was up about 0.34% over the past day. 
Also Read:&nbsp;<a href="https://www.benzinga.com/general/entertainment/22/04/26612598/amc-acquires-7-theaters-from-bow-tie-cinemas" rel="noopener noreferrer" target="_blank">AMC Acquires 7 Theaters From Bow Tie Cinemas</a>

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AMC's Mobile App Now Lets You Buy Tickets Using Dogecoin And Shiba Inu

A new cryptocurrency nearing an April 30 launch is gaining stream and mentions on social media thanks to its name being close to that of publicly traded AMC Entertainment Holdings (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/amc#NYSE">AMC</a>).
What Happened: A new cryptocurrency called <a href="https://theamctoken.com/">The AMC Token </a>(CRYPTO: TAMC) is <a href="https://finance.yahoo.com/news/apes-movement-community-announces-official-153500429.html">planning </a>a launch on April 30 and is using the AMC movie theater chain name to likely entice people to buy the coin.
AMC has not announced the coin and has&nbsp;not indicated any connection&nbsp;to the Ethereum-based&nbsp;(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) token. AMC CEO<a href="https://www.benzinga.com/news/21/06/21396062/5-things-you-might-not-know-about-amc-ceo-adam-aron"> Adam Aron</a>, who is pretty transparent with investors, has also not mentioned the token on his Twitter or follow the official account of The AMC Token.
Instead, developers of the coin say it is&nbsp;&ldquo;inspired by GME and AMC movement,&rdquo; and using the name of the movie theater chain.
The<a href="https://twitter.com/theamctoken"> AMC Token</a> is offering a fair launch, with price discovery set by demand and supply. The token will have no pre-sale or whitelist before the fair launch is completed.
The token is also called The Apes Movement Community Token in the press release that went out across several major financial media sites as a Globe Newswire release.
&ldquo;TAMC is proud to be the first token created to generate wealth for the holders by the social/meme coin status and expose the malpractices done in the financial systems nowadays for the benefit of a few,&rdquo; the release reads.
TAMC will have a max supply of 513,960,784 tokens.
Related Link: <a href="https://www.benzinga.com/news/22/04/26621163/phony-press-release-about-tesla-m-a-causes-penny-stock-to-surge-200">Phony Press Release About Tesla M&amp;A Causes Penny Stock To Surge 200%&nbsp;</a>
Why It&rsquo;s Important: AMC Entertainment was one of the most popular stocks of 2021 and attracted a wide base of followers and community members who often referred to themselves as apes.
The AMC Token is attempting to capitalize on the community by misleading that it is associated with the movie theater giant.
The coin makes promises of going to the moon and has<a href="https://coincodex.com/article/14050/the-amc-token-the-apes-movement-community-token-the-next-1000x-gem/">&nbsp;sponsored posts</a> on other websites promising&nbsp;10x, 100x and 1000x returns from the coin.
The official Twitter <a href="https://twitter.com/theamctoken/status/1514095695824924679">account </a>of The AMC Token dates back to November 2021 and previously shared and retweeted on other tokens before switching gears to The AMC Token posts in February 2022.&nbsp;
Many tokens and coins have tried to piggyback off of other&#39;s success by launching tokens that often end up being rugpulls where the founders of the token make the money and the rug is pulled out on the new owners. Some tokens allow users to buy and then never to sell their coins.
Over the last year, the cryptocurrency market has seen a Squid Game coin <a href="https://www.benzinga.com/markets/cryptocurrency/21/11/23879776/squid-game-crypto-price-shoots-up-1000-even-as-binance-investigates-rug-pull">based </a>on the popular Netflix Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nflx#NASDAQ">NFLX</a>) series and a Will Smith slap <a href="https://www.benzinga.com/markets/cryptocurrency/22/03/26338517/will-smith-slap-inspires-new-token-and-it-rallied-10-000-after-oscars-assault">inspired </a>coin Will Smith Inu. These tokens often shoot up in value only to fall back down.
Another token called Accept Crypto, <a href="https://www.benzinga.com/markets/cryptocurrency/22/03/26365071/dogecoin-influencer-matt-wallaces-exit-scam-costs-investors-600k-ethereum">launched </a>by Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) influencer Matt Wallace, attempted to capitalize on the strong Dogecoin community and the rallying cry for retailers to accept Dogecoin as payment. The token shot up in value only to come crashing down.
Investors should be cautious about getting into new tokens that do not have a proven track record, and risk only what they are willing to lose.
Benzinga reached out to AMC for comment on the token.
Photo: Courtesy of&nbsp;<a href="https://www.flickr.com/photos/scelera/" id="yui_3_16_0_1_1649863427813_244758" title="Go to samantha celera's photostream">samantha celera</a>&nbsp;and&nbsp;<a href="https://www.flickr.com/photos/136770128@N07/" id="yui_3_16_0_1_1649863427813_301866" title="Go to Richard Patterson's photostream">Richard Patterson</a>&nbsp;on Flickr

The AMC Token Launches On April 30, But Does It Have Anything To Do With The Company?

The wild tale of a high school chemistry teacher that becomes a meth manufacturer captured audiences and led to strong ratings for AMC Networks Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amcx#NASDAQ">AMCX</a>).
A prequel series to &ldquo;Breaking Bad&rdquo; has struggled in recent seasons:&nbsp;Could the return of the two stars from &ldquo;Breaking Bad&rdquo; provide a boost in the final season?
What Happened: Bryan Cranston and Aaron Paul who portrayed Walter White and Jesse Pinkman, respectively, in &ldquo;Breaking Bad&rdquo; are <a href="https://variety.com/2022/tv/news/bryan-cranston-aaron-paul-better-call-saul-1235229217/">set to return </a>with appearances in the final and sixth season of &ldquo;Better Call Saul.&rdquo;
The prequel show stars Bob Odenkirk as a lawyer who eventually represents White.
&ldquo;I personally feel that the two shows &mdash;&nbsp;&lsquo;Breaking Bad&rsquo; and &lsquo;Better Call Saul&rsquo; &mdash;&nbsp;are entwined even more than ever in the final season. And it&rsquo;s gonna make you want to watch &lsquo;Breaking Bad&rsquo; again,&rdquo; Odenkirk&nbsp;told Variety.
&ldquo;Better Call Saul&rdquo; co-creator Peter Gould confirmed officially that Cranston and Paul will be featured in the final season.
&ldquo;I don&rsquo;t want to spoil things for the audience, but I will say the first question we had when we started the show was, &lsquo;Are we gonna see Walt and Jesse on the show?&rsquo; Instead of evading, I&rsquo;ll just say yeah,&rdquo; Gould told an audience at a Variety event.
<blockquote class="twitter-tweet">They&#39;re coming back. <a href="https://twitter.com/hashtag/BetterCallSaul?src=hash&amp;ref_src=twsrc%5Etfw">#BetterCallSaul</a> <a href="https://t.co/IXDq6KarcN">pic.twitter.com/IXDq6KarcN</a>
&mdash; Better Call Saul (@BetterCallSaul) <a href="https://twitter.com/BetterCallSaul/status/1513004792049815552?ref_src=twsrc%5Etfw">April 10, 2022</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>&nbsp;
The sixth season of &ldquo;Better Call Saul&rdquo; <a href="https://deadline.com/2022/04/bryan-cranston-aaron-paul-confirmed-to-reprise-breaking-bad-better-call-saul-1234998709/">premieres </a>on April 18 with the 13 episodes that will be split into two parts. The second part of the final season will premiere on July 11. Episodes will air on AMC, AMC+ and also stream on Netflix Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nflx#NASDAQ">NFLX</a>) in several international territories.
Related Link: <a href="https://www.benzinga.com/general/entertainment/22/03/26081184/amc-keeps-on-raising-the-dead-new-the-walking-dead-spinoff-continues-networks-successful-fr">AMC Keeps On Raising The Dead, New &#39;The Walking Dead&#39; Spinoff Continues Network&#39;s Successful Franchise&nbsp;</a>
Why It&rsquo;s Important: AMC Networks had two of the highest-rated cable shows of all time with &ldquo;The Walking Dead&rdquo; and &ldquo;Breaking Bad.&rdquo; AMC has seen success with &ldquo;Better Call Saul&rdquo; and also has greenlit several spinoffs to &ldquo;The Walking Dead,&rdquo; which is ending after its current 11th season.
&ldquo;Breaking Bad&rdquo; saw its first few seasons turn in around one million viewers per episode. A streaming deal with Netflix helped boost awareness of the show and led to stronger viewership in later seasons.
The fifth and final season of &ldquo;Breaking Bad&rdquo; <a href="https://ew.com/article/2013/09/30/breaking-bad-series-finale-ratings/">saw </a>viewership hit the five to six million per episode range, a sharp increase from the 1.9 million that tuned in for the season four finale.
The series finale of &ldquo;Breaking Bad&rdquo; had a huge 10.3 million viewers and a 5.2 rating among adults aged 18 to 49. AMC charged $400,000 for each 30-second commercial during the finale, which was on par with network shows from Walt Disney Co.&rsquo;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dis#NYSE">DIS</a>) ABC and Fox Corp.&#39;s&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fox#NASDAQ">FOX</a>)(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/foxa#NASDAQ">FOXA</a>) Fox channel.
The fifth season of &ldquo;Better Call Saul&rdquo; <a href="https://tvseriesfinale.com/tv-show/better-call-saul-season-five-ratings/">averaged </a>1.37 million viewers with the premiere and finale both seeing around 1.6 million viewers. Viewership has dropped as the show has continued on AMC.
The 2015 <a href="https://www.hollywoodreporter.com/tv/tv-news/tv-ratings-better-call-saul-771750/">premiere </a>of &ldquo;Better Call Saul&rdquo; set a cable record with 6.9 million viewers, the most for the premiere of an original series.
The return of the two main characters from the original series could provide a much-needed boost to ratings for AMC and could lead to the network being able to command more in advertising revenue.
Photo: AMC &quot;Better Call Saul&quot; Twitter

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Walter And Jesse Are Back: Could A 'Breaking Bad' Reunion Boost AMC Ratings?

AMC Entertainment Holdings (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/amc#NYSE">AMC</a>) is expanding its Northeast presence through the acquisition of seven theaters from the Bow Tie Cinemas chain. The financial terms of the transaction were not disclosed.
What Happened: AMC will now own and operate five Bow Tie venues in Connecticut, one in Saratoga Springs, New York, and one in Annapolis, Maryland. The acquisition brings a combined total of 66 new screens under the AMC banner.
Bow Tie traces its roots back to 1900 with a series of nickelodeons. The company, which is now in its fourth generation of family ownership, will continue to operate&nbsp;six theaters in five states.
See Also: <a href="https://www.benzinga.com/general/entertainment/22/04/26603536/comedian-gilbert-gottfried-dies-at-67">Comedian Gilbert Gottfried Dies At 67</a>
Why It&#39;s Important: This is the latest expansion for AMC, which signed lease agreements last December for the former Pacific and Arclight Cinemas in the Chicago and Los Angeles markets.
&ldquo;Our theater acquisition strategy makes AMC a better and stronger company as we move forward on our glidepath to recovery,&rdquo; said AMC CEO <a href="https://www.benzinga.com/news/21/06/21396062/5-things-you-might-not-know-about-amc-ceo-adam-aron">Adam Aron</a>. &ldquo;Acquiring these locations is especially notable for our expansion in Connecticut, where we are more than doubling our presence. We are encouraged to bring the magic of AMC to more and more theatres across the country, given our mid-2021 acquisitions of AMC The Grove 14 and AMC Americana at Brand 18, both in the Los Angeles market, continue to rank among the 30 highest grossing movie theatres in the entire United States since joining up with AMC.&rdquo;
AMC Price Action: AMC opened for trading on Wednesday at $17.42 according to <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>; its 52-week range is $8.90 to $72.62.
Photo: Valerie Rene&eacute; / Flickr Creative Commons

AMC Acquires 7 Theaters From Bow Tie Cinemas

Last week, movie theater chain AMC Entertainment Holdings Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/amc#NYSE">AMC</a>) purchased a major stake in Hycroft Mining Holding Corp&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hymc#NASDAQ">HYMC</a>).&nbsp;
AMC spent $27.9 million in cash for the deal and received roughly 23.4 million shares in the company.&nbsp;
Now, two weeks following&nbsp;the deal, AMC&rsquo;s Hycroft mining company has raised a total of $195 million.&nbsp;
One of the world&rsquo;s leading gold and silver investors, Eric Sprott has taken a large stake in Hycroft. Together, AMC and Sprott invested $56 million in Hycroft.&nbsp;
On Friday, AMC CEO Adam Aron announced in a tweet that&nbsp;$139 million had been raised in additional equity. On the same day, the stock soared almost 22% after hours when the announcement was made.
<blockquote class="twitter-tweet">I was highly confident that AMC&rsquo;s skills could quickly &ldquo;right the ship&rdquo; at Hycroft (HYMC). We just did! Eric Sprott and AMC invested $56 million. Now we raised a breathtaking $139 million more cash equity! $195 million in total! In only two weeks! Calm seas, smooth sailing ahead. <a href="https://t.co/5wsbi1oqHH">pic.twitter.com/5wsbi1oqHH</a>
&mdash; Adam Aron (@CEOAdam) <a href="https://twitter.com/CEOAdam/status/1507501897963302915?ref_src=twsrc%5Etfw">March 25, 2022</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>Replying to Aron&rsquo;s tweet, a follower @NorcalSlider said, &ldquo;Holy sh*t, that&rsquo;s huge&rdquo;.&nbsp;
Aron quickly responded to Norcal&rsquo;s tweet talking about the skepticism about&nbsp;AMC&rsquo;s investment in HYMC.&nbsp;
<blockquote class="twitter-tweet">You know, as the sitting CEO of an NYSE-listed company, I could never say publicly what is in NorCal&rsquo;s tweet, not in a million years. But, hey, I can&rsquo;t stop you from saying it. <a href="https://twitter.com/hashtag/HaHa?src=hash&amp;ref_src=twsrc%5Etfw">#HaHa</a>. What I can say to those who doubted AMC&rsquo;s investment in HYMC&hellip;. <a href="https://twitter.com/hashtag/CHOKEonTHAT?src=hash&amp;ref_src=twsrc%5Etfw">#CHOKEonTHAT</a> <a href="https://t.co/AavT6nvFLL">https://t.co/AavT6nvFLL</a>
&mdash; Adam Aron (@CEOAdam) <a href="https://twitter.com/CEOAdam/status/1507554120802000899?ref_src=twsrc%5Etfw">March 26, 2022</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>Photo:&nbsp;<a href="https://www.flickr.com/photos/pasa/" id="yui_3_16_0_1_1648308913464_17525" title="Go to Paul Sableman's photostream">Paul Sableman</a>&nbsp;on flickr

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AMC's Hycroft Raises $195M In Just Two Weeks And Adam Aron Can't Stop Boasting About It

Initial results are in for a poll issued by AMC Entertainment Holdings Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/amc#NYSE">AMC</a>) CEO Adam Aron on <a href="https://twitter.com/CEOAdam/status/1454023849528410115">Twitter</a> on Friday, asking people if the theater chain should add Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">SHIB</a>) coin to the list of cryptocurrencies the company will soon accept as payment.
<blockquote class="twitter-tweet">TWITTER POLL #2: As you know, you can now purchase AMC gift cards using cryptocurrency, and our IT group is writing code so that soon we can accept online payments in Bitcoin, Ethereum, Litecoin and Dogecoin among others. Should we strive to take Shiba Inu too?
&mdash; Adam Aron (@CEOAdam) <a href="https://twitter.com/CEOAdam/status/1454023849528410115?ref_src=twsrc%5Etfw">October 29, 2021</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>As of Sunday morning, 86.8&nbsp;percent were in favor of AMC Theatres&nbsp;accepting SHIB.
Aron posted the tweet after the crypto coin&#39;s price surged due to crypto whales and retail traders. &nbsp;
On Friday, It outperformed Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) to become the world&#39;s ninth-largest cryptocurrency by market capitalization.
The Shiba Inu ecosystem has expanded to include <a href="https://cointelegraph.com/news/shiba-inu-fetches-a-new-ath-3-reasons-why-shib-keeps-jumping-higher">ShibaSwap</a>, a decentralized exchange, or DEX.&nbsp;The total value locked, or TVL, on ShibaSwap amounts to $537.92 million based on data from <a href="https://defillama.com/protocol/shibaswap">Defi Llama</a>.&nbsp;
The entertainment firm is already <a href="https://www.benzinga.com/markets/cryptocurrency/21/10/23253609/amc-begins-accepting-dogecoin-for-digital-gift-cards">preparing</a> itself for consumers to pay for movie tickets in <a href="http://www.benzinga.com/markets/cryptocurrency/21/08/22414041/amc-to-accept-bitcoin-as-payment-for-tickets-concessions-by-end-of-year">Bitcoin</a> (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), Litecoin CRYPTO: LTC), and Dogecoin.
Last week, the company announced that it is <a href="https://www.benzinga.com/markets/cryptocurrency/21/10/23479202/amc-mulls-creating-its-own-cryptocurrency-getting-hyperactive-in-the-space">exploring</a> issuing its own cryptocurrency in the future. &quot;There are a lot of reasons why AMC could be a successful issuer of cryptocurrency as well as a redeemer of cryptocurrency,&quot; Aron said during an interview.
AMC has already enabled its customer to purchase digital gift cards via Dogecoin and other cryptocurrencies using the BitPay wallet.
In Sept, Aron <a href="https://www.benzinga.com/markets/cryptocurrency/21/09/22964712/amc-will-also-accept-ethereum-litecoin-and-bitcoin-cash-alongside-bitcoin-ceo">announced</a> that the movie theater chain would also accept several other cryptocurrencies for payment.
AMC Entertainment&#39;s year-to-date gains stand at an impressive 1828.3% as the company continues to see high interest from retail investors.
Related Link:&nbsp;<a href="https://www.benzinga.com/news/21/10/23654388/amc-entertainment-stock-breaks-through-this-pattern-is-it-a-trap">AMC Entertainment Stock Breaks Through This Pattern: Is It A Trap?</a>

New Poll Results: Should AMC Theatres Support Shiba Inu Payment Option For Ticket Purchases?

Press Releases

CJ 4DPLEX and AMC Entertainment to Bring Unparalleled Premium Experiences 4DX and SCREENX Auditoriums to AMC and ODEON Moviegoers at 65 Locations Worldwide

Dolby and AMC Entertainment announce major expansion of Dolby Cinema at AMC in the US, with 40 additional auditoriums to be added by the end of 2027

IMAX to Expand and Upgrade Across 80 AMC Theatres® Locations in the United States to IMAX with Laser Technology

January 2021: Elon Musk's "Use Signal" Tweet Sent Signal Advance (SIGL) Soaring – Sparks a Stock Revolution

Premium Formats Power AMC Theatres® to Its Biggest Weekend so Far in 2025 and Second Biggest April Weekend Since 2019 – in the United States and Globally

Amcor builds cutting-edge coating facility, enhancing healthcare packaging access in Asia Pacific

National CineMedia Announces 2025 US Young Lions Competition Winners

AMC Empire 25 and AMC Lincoln Square 13 Wrap Up Multi-Million Dollar Seating Renovation Projects – Giving Guests Wider and More Comfortable Seating, With More Than 4,000 All-New AMC Club Rockers Installed in All Traditional Auditoriums

AMC Entertainment Holdings, Inc. to Announce First Quarter 2025 Results and Host Earnings Webcast

National CineMedia, Inc. to Release First Quarter 2025 Results on May 6, 2025

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