Shares of AMC cinema (AMC.US) continued to rise before the u.s. market opened Tuesday, rising 8.67% to $15.16 as of 1615 / 25 Beijing time, Zhitong financial APP learned. The company has risen for seven consecutive trading days, up 55 per cent. B.Riley reiterated its buy rating.
B.Riley analyst Eric Wold issued a report that the current AMC cinema line cash flow is abundant, the industry recovery is expected to drive the company's revenue growth, reiterated the company's "buy" rating, the target price is $16.