AMC stock price today faces resistance at $5.25 as market participants await CPI data tomorrow. Intraday charts suggest upward momentum slowing amid declining relative strength index readings. AMC's latest quarter was promising. Revenue soared a better-than-expected 36% to $1.4 billion, as a 26% increase in attendance was enhanced by an uptick in spending per moviegoer. It nearly broke even on an adjusted basis. Analysts were bracing for a loss. Its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) skyrocketed nearly fivefold. Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company. AMC stock price today sits near $5.22 by midday, with options activity indicating increased put buying for the weekly expiry. Technical indicators point to resistance at $5.40, while support hovers near $5.
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