CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Scan to Download iOS&Android APP

AMC stock expectations take off as Top Gun: Maverick ignites blockbuster season

By Joyanta Acharjee


By Joyanta Acharjee


Share this article
In this article:
4.49 USD
-0.18 -3.960%
36.20 USD
-0.8 -2.160%
95.12 USD
-1.47 -1.520%

Subscribe to Weekly Highlights

The major market events for the week ahead right in your inbox. Subscribe
Actor Tom Cruise shown in the original Top Gun
Tom Cruise reprises his role as US Navy fighter pilot Pete “Maverick” Mitchell from 1986’s Top Gun – Photo: Getty Images

The stock of a major global cinema chain was up on Tuesday as the sequel to a hit 1980s action movie broke box office records.

As US traders returned to their desks following the Memorial Day holiday Monday, AMC Entertainment Holdings (AMC) stock was up as much as 14% in pre-market trading on Tuesday (although it is down 46% for the year to date).

AMC (AMC) stock price

Founded in 1920, AMC is the world’s largest film exhibition chain with approximately 950 theatres across the world, including the UK’s Odeon chain.

The company’s stock also has a huge retail following thanks to attention from social media site Reddit’s Wallstreetbets page.

What is your sentiment on AMC?

Vote to see Traders sentiment!

Need for speed

Top Gun: Maverick, which went on general release on 27 May, is the much-delayed sequel to 1986 movie Top Gun and sees Tom Cruise return as US Navy pilot Pete “Maverick” Mitchell.


Set 30 years after Top Gun, the new film finds Maverick working as a test pilot for a high-speed spy plane who is ordered to train a group of elite pilots for a daring strike mission.

“We want to thank the more than 3.3 million people who have already seen Top Gun: Maverick at our AMC and Odeon theatres in the US and abroad,” AMC Chairman and CEO Adam Aron said in a statement.

“It was our pleasure to entertain you, and we invite you to come back to our theatres and see Top Gun: Maverick again. This movie is that good!”


23.58 Price
-1.310% 1D Chg, %
Long position overnight fee -0.0241%
Short position overnight fee 0.0018%
Overnight fee time 21:00 (UTC)
Spread 0.30


13.32 Price
-15.990% 1D Chg, %
Long position overnight fee -0.0241%
Short position overnight fee 0.0018%
Overnight fee time 21:00 (UTC)
Spread 0.13


65.05 Price
-22.470% 1D Chg, %
Long position overnight fee -0.0241%
Short position overnight fee 0.0018%
Overnight fee time 21:00 (UTC)
Spread 0.17


192.40 Price
-2.270% 1D Chg, %
Long position overnight fee -0.0241%
Short position overnight fee 0.0018%
Overnight fee time 21:00 (UTC)
Spread 0.13

Talk to me Goose

Top Gun Maverick was released by Paramount Global, a media and streaming content company in which legendary investor Warren Buffett bought over $2bn of stock just two weeks ago.

Slide introducing investors to Paramount GlobalParamount Global

Paramount changed its name earlier this year from ViacomCBS in order to associate itself with the Paramount brand, known as a successful Hollywood studio and home to the Star Trek science fiction franchise.

That loving feeling

Top Gun: Maverick has broken US box office records, raking in $156m (£124m, €146m) over the Memorial Day weekend according to industry publication Variety.

Cinema ticket data as compiled by Box Office MojoBox Office Mojo

Considered the beginning of summer in North America, Memorial Day has traditionally been the time of year when blockbuster movies are released, tempting people to spend time in air-conditioned cinemas.

More potential blockbusters are on the way with Comcast (CMCSA) subsidiary Universal’s Jurassic World Dominion due on 9 June, Disney’s (DIS) Lightyear due on 17 June and Thor: Love and Thunder due on 8 July.

AMC is due to report second-quarter earnings in August.


Related reading

Rate this article

Share this article

The difference between trading assets and CFDs
The main difference between CFD trading and trading assets, such as commodities and stocks, is that you don’t own the underlying asset when you trade on a CFD.
You can still benefit if the market moves in your favour, or make a loss if it moves against you. However, with traditional trading you enter a contract to exchange the legal ownership of the individual shares or the commodities for money, and you own this until you sell it again.
CFDs are leveraged products, which means that you only need to deposit a percentage of the full value of the CFD trade in order to open a position. But with traditional trading, you buy the assets for the full amount. In the UK, there is no stamp duty on CFD trading, but there is when you buy stocks, for example.
CFDs attract overnight costs to hold the trades (unless you use 1-1 leverage), which makes them more suited to short-term trading opportunities. Stocks and commodities are more normally bought and held for longer. You might also pay a broker commission or fees when buying and selling assets direct and you’d need somewhere to store them safely.
Capital Com is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as an investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own risk.

Latest Stocks news

Still looking for a broker you can trust?

Join the 500.000+ traders worldwide that chose to trade with

1. Create & verify your account 2. Make your first deposit 3. You’re all set. Start trading