AMC (AMC) Hits It Big With 'Black Panther: Wakanda Forever'

AMC (AMC) is the focus of today's FOMO segment. Alex Coffey and Jenny Horne discuss AMC as Baird upgrades it to outperform from neutral and raised its price target to $100 from $65. They talk about how it has been a very strong opening weekend for 'Black Panther: Wakanda Forever,' noting that it was the fourth highest attendance weekend of the year. They also note that admissions revenue was 125% ahead of the same weekend in 2021. Alex then demonstrates an example trade using AMC. Tune in to find out more about the stock market today.

Next Gen Investing

14 Nov 2022

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