AMC Stock Rose 1.24% Intraday; Is Antara Capital LP Backing Surge?

AMC Stock Rose 1.24% Intraday; Is Antara Capital LP Backing Surge?

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NYSE: AMC stock surged over 1.24% in the August 18 trading session. 
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AMC Entertainment Holdings Inc. has a market capitalization of $2.123 Billion. 
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As on August 4, 2023, Antara Capital LP bought 64,528,300 AMC Entertainment Holdings Inc. 
NYSE: AMC stock surged over 1.24% on the August 18 trading session. It opened at $4.06, lowering to $3.86, it hit a high of $4.19 and closed at $4.09 with an intraday trading volume of 51.658 Million. 
In the 52 weeks time frame, AMC Entertainment Holdings Inc. stock’s highest traded price was $13.05 and lowest price was $3.18. It is important to note that AMC shares were trading above its annual price target of $2.25 at press time.
AMC Entertainment Holdings Inc. has a market capitalization of $2.123 Billion, and its average trading volume is 53.379 Million. Despite intraday positivity, AMC stock price lost 16% of its trading price in a week and 19% in a quarter. 
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