
AMC Entertainment Holdings, Inc (NYSE:AMC) surged about 25% at one point on Monday as the stock continued to trade higher in its uptrend, which Benzinga predicted in an Aug. 5 analysis.
On Friday, AMC regained the 200-day simple moving average (SMA) as support, which indicates a new bull cycle for the stock may be on the horizon, although AMC is in desperate need of consolidation.