Largest Positive One-Day Changes for AMC

How does AMC usually behave after a large single-day up move in the stock price?

Using the 12 largest single-day up moves over the last 3 years in AMC stock, the average move was +22.6% with the single largest daily move of +78.4% occurring on 13-May-2024. The following day, AMC stock price averaged -1.7% losses, with down moves exceeding up moves. The stock was down 67% of the time in that period one day after these significant moves. Earnings dates have been excluded from this analysis.

Catalysts

6 of the moves coincided with a company-issued press release.

1 Week After

The following week, AMC stock price averaged -8.8% losses, with down moves exceeding up moves across 12 observations. The stock was down 75% of the time in that period one week following these significant moves.