AMC shares set to continue winning streak as original meme stock’s Q4 results loom

Shares of AMC Entertainment Holdings Inc. are up 5.9% Tuesday, putting them on pace to extend their winning streak to three days and register the biggest daily percentage increase since Feb. 14, when they rose 6.9%.

The movie-theater chain and original meme stock reports fourth-quarter results after market close Wednesday. Analysts surveyed by FactSet expect AMC AMC, +8.09% to report a fourth-quarter loss of 70 cents a share and revenue of $1.058 billion.

In a note released Friday, analyst firm Wedbush said that AMC is set for share gains when it reports fourth-quarter results, although 2024 could be a “tumultuous” year for the company. $AMC Entertainment(AMC.US)$