12 Best Robinhood Stocks to Buy Under $20

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7. AMC Entertainment Holdings Inc. (NYSE:AMC)

Number of Hedge Fund Holders: 16

AMC Entertainment Holdings Inc. (NYSE:AMC) is a leading global movie exhibition company with a strong presence in both the U.S. and international markets. The company offers a diverse range of food and beverage options, from traditional concessions to premium cocktails and dine-in theatre experiences.

AMC Entertainment Holdings Inc. (NYSE:AMC) company unveiled its “Go Plan” in late 2024, a multi-year investment strategy worth up to $1.5 billion, focusing on theater upgrades such as advanced laser projection, premium large-format screens, and enhanced seating. AMC Entertainment Holdings Inc. (NYSE:AMC) also posted record attendance during the Thanksgiving holiday, surpassing previous highs in admissions and revenue. In a move to solidify leadership, the company appointed Nikkole Denson-Randolph as Chief Content Officer in January 2025.

AMC Entertainment Holdings Inc. (NYSE:AMC) reported mixed results for Q3 2024, with total revenues reaching $1.35 billion, down 4.1% from the previous year. The company posted a net loss of $20.7 million. Despite these challenges, it showed improvement in key metrics, including a 31% increase in total revenues compared to Q2 2024, and narrowed its net loss by 37%.

16 hedge funds within Insider Monkey’s Q3 2024 hedge fund database held a position in the company.

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