AMC’s Price Surge Now Creates Panic on Wall Street
AMC’s latest price surge is beginning to create panic on Wall Street. TradingView says bullish momentum signals are flashing, advising to keep an eye on the $3.15 level.
Something massive is happening with AMC stock. We’re seeing trading volume surge after record-low trading.
Several developments have retail investors hyped about another likely short squeeze.
Things began to pick up on Wednesday when trading volume hit 68,400,740. For comparison, AMC’s average volume is approximately 32,598,095.
By Friday, we saw trading volume surge to 80,933,058, per Yahoo Finance.
Indicators are now pointing towards more gains this year.
“For example, the Average Directional Index (ADX) has jumped to 41, its highest point since May 1 this year. It has also jumped above the key resistance level of $1.93, its highest point on April 17.
Therefore, the most likely AMC stock forecast is bullish, with the next level to watch being at $3.15, its highest level in October last year. A drop below the key support level of $1.93 will invalidate the bullish view,” says a report from TradingView.
Demand In Movie Theater Experience Surges
Remember all those fancy Wall Street analysts and Fox Business journalists who said streaming would annihilate movie theaters?
Well, they were wrong. And so was the big financial media pushing this FUD.
On the contrary, the box office is only getting bigger.
AMC just welcomed a massive 25.5 million global guests in May. This has been the movie theatre chain’s strongest May since 2019, including 4.2 million guests over May 28–31.
Memorial Day Thursday through Monday was also a big success.
AMC amassed over 5 million global moviegoers, led by the $80 million plus domestic release of “The Mandalorian and Grogu”, including branded merchandise sales.
Adding to the momentum, May’s U.S. box office hit $1.06 billion, up 9% year-over-year and ahead of analyst B. Riley’s forecast.
“This growth will likely continue as several titles are expected to be released. This includes popular names like The Odyssey, Spider-Man: Brand New Day, Moana, and The Hunger Games,” reports TradingView.
AMC Stock Rises 75% Year-To-Date
AMC Entertainment (NYSE:AMC) stock rose 6.39% Friday, ending its five-day trading week up more than 25%.
The reemerging ‘meme stock’ is now up over 75% this year-to-date.
“Under the hood, AMC is still a turnaround story. Revenue over the last year sits around $4.85B, but profit margins remain negative, and free cash flow for the latest quarter was about -$175M.
Debt is heavy, with long‑term obligations north of $7.3B and a current ratio of 0.4, so liquidity is tight.
But a 67% gross margin tells traders that once fixed costs and interest are covered, incremental ticket and concession dollars can flow through quickly, which is why this attendance surge is so critical for AMC’s next chapter,” says Timothy Sykes.
“AMC reported 25.5 million global guests in 2026/05, its best May since 2019. That is not a one‑day meme spike; it is a full month of pre‑pandemic‑style traffic across AMC Theatres in the U.S. and its ODEON circuit overseas.
For a high‑fixed‑cost business like AMC, that kind of volume is what flips the script on the income statement.”
Momentum Builds Following 250,000 Share Purchase of CEO
AMC CEO Adam Aron recently announced the purchase of 250,000 shares of AMC stock, stating, “I have enormous confidence in AMC and the 2026/2027 box office. So today, using my own money, I bought 250,000 more AMC shares personally, at market price.”
“I now own outright 2,437,020 AMC shares, raising the total where I have an economic interest to 12,322,429 AMC shares*,” Aron said.
He further added:
“As I said, I have great confidence in AMC’s future. So, again today, I put my money where my mouth is.
I should probably mention that I have not sold even a single share of AMC stock since January of 2022, more than four years ago.
I RIDE WITH YOU[!!!].”
The tide really is changing fundamentally for AMC.
Analysts are now focusing on the impressive reversal.
“Analysts are largely optimistic about the company, with the annual revenue expected to jump by 12% this year to $5.4 billion.
It is expected to jump to $5.7 billion next year, with the company expected to turn a net profit in 2027,” reports TradingView.
Is AMC stock about to have a massive bounce, breaking upward levels not seen in years?
Are shorts shitting their shorts?
Let me know your thoughts below.
Related: Will AMC Shareholders Ever Make Their Money Back?
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