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How to Buy AMC (AMC) Stock

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Symbol Company % Change Price Invest
AMC AMC Entertainment
– 0.1%
$8.84 Buy stock

AMC Entertainment (NYSE: AMC) is once again on fire, with the stock price up nearly 20% on February 24th alone. On Monday, February 22nd, Governor Cuomo announced the planned reopening of theaters for the following week. This gave AMC the jumpstart it needed as it looked to recapture momentum following the decline in interest of r/wallstreetbets.

On March 25, the stock soared 373% and AMC announced it would open theaters to 50% capacity in California and New York. The company plans to release new movies in theaters and online.

How to Buy AMC Stock

Follow these simple steps when you’re ready to buy AMC stock:

  • Pick an online broker. What do you value most as a trader? Whatever that is, pick a broker based on your needs. Do you prefer in-depth educational resources or need to tap into a really excellent platform?
  • Open your account and install the platform. Once you’ve selected your broker, you can begin setting up your trading environment. If you want to trade on the go, make sure you download your broker’s mobile app.
  • Buy AMC stock. Once you have your account set up, you can begin watching and trade AMC stock when you’re ready.

Pick a Brokerage

An online broker makes it easy for you to buy and sell stock on the go from your phone or via a desktop platform. Signing up online is simple, but choosing the best brokers should take a bit more time and legwork. 

Brokerages know you want a streamlined experience with built-in tools, education and analytics. Determine your own priorities for the service you expect and compare that list with each platform’s offering. 

Take a look at our considerations for choosing a broker before you commit:

  • Do you want a self-managed or advisor-managed account? If you’re an experienced, confident trader, self-managed is a good option. Beginners can benefit from an advisor and you may want to pay the additional fees. 
  • How much do you want to pay in fees? Commissions may apply. Do the math before you start trading and don’t forget about annual fees or fees per share.
  • What is the account minimum? Some platforms have $0 minimums. Others have higher account minimums and some brokers may have penalties if your minimum isn’t met. Check into each trader’s requirements.
  • What kind of data do you need? And how much? Some brokerages have platforms with market data fully integrated. 
  • Do you want a desktop, web-based or mobile experience? Pay attention to whether or not a broker’s design is reportedly intuitive or clunky. 
  • What type of customer service do you expect? Many platforms can deliver 24/7 live customer support via chat or email. Don’t settle for less. 
Best For
Intermediate Traders and Investors
Overall Rating
Get started securely through Webull’s website
Best For
Intermediate Traders and Investors
N/A
1 Minute Review

Webull, founded in 2017, is a mobile app-based brokerage that features commission-free stock and exchange-traded fund (ETF) trading. It’s regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

Webull offers active traders technical indicators, economic calendars, ratings from research agencies, margin trading and short-selling. Webull’s trading platform is designed for intermediate and experienced traders, although beginning traders can also benefit.

Webull is widely considered one of the best Robinhood alternatives.

Best For
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  • Intermediate traders
  • Advanced traders
Pros
  • Commission-free trading in over 5,000 different stocks and ETFs
  • No account maintenance fees or software platform fees
  • No charges to open and maintain an account
  • Leverage of 4:1 on margin trades made the same day and leverage of 2:1 on trades held overnight
  • Intuitive trading platform with technical and fundamental analysis tools
Cons
  • Does not support trading in mutual funds, bonds or OTC stocks
Best For
Beginners
Overall Rating
get started securely through Robinhood’s website
Best For
Beginners
N/A
1 Minute Review

Robinhood is the broker for traders who want a simple, easy-to-understand layout without all the bells and whistles other brokers offer. Though its trading options and account types are limited, even an absolute beginner can quickly master Robinhood’s intuitive and streamlined platform. On the other hand, more advanced traders might be frustrated by Robinhood’s lack of technical analysis tools, a feature that’s now nearly universal across other platforms.

Best For
  • Beginner traders
  • Mobile traders
Pros
  • Streamlined, easy-to-understand interface
  • Mobile app with full capabilities
  • Can buy and sell cryptocurrency
Cons
  • Almost no trading analysis tools available
  • Only taxable brokerage accounts available
  • No option to open a retirement account
  • No access to mutual funds, forex or futures trading
  • Limited customer service
Best For
Inexpensive Options Trading
Overall Rating
get started securely through Tradier’s website
Best For
Inexpensive Options Trading
N/A
1 Minute Review

Tradier is a high-tech broker made with the most active traders in mind. Tradier differentiates itself by using Application Programming Interface (API) technology to partner with popular trading software to offer a wide range of platform choices to Investors. Tradier brokerage offers integration with one of the widest ranges of platforms we’ve seen, including Esignal, Orion Multi Trader, Stockstotrade, 1Option, Evati, and many, many more. 

Tradier offers 2 pricing options — infrequent traders may want to opt for Tradier’s 0 Stocks and $0.35 per Options contract trading, while very active traders can often save money by opting into Tradier’s $30 monthly all-inclusive option and Equity, which cuts commissions entirely.

Tradier TradeHawk platform is exceptionally impressive, combining intuitive 1-click order placements with a vast range of indicators and charting tools. TradeHawk is also completely compatible with both Apple and Android mobile devices. Though we’d love to see Tradier expand into mutual funds and offer a bit more in the way of educational tools, the broker remains a top choice for advanced traders and those looking for enhanced customization options.

Best For
  • Very active options traders who would benefit from a flat-rate monthly charge instead of per-contract fees.
  • Advanced traders looking for a customizable broker with a wide range of platforms that can be integrated.
  • Prominent options traders get high-quality execution, real-time market data and subscription trading.
Pros
  • Wide range of integrated platforms provide an option for any trader.
  • All-inclusive per-month subscriptions available in lieu of per-contract commissions can potentially save very active traders hundreds of dollars a month.
  • Platforms are powered by quality real-time market data and execution.
  • Paper trading and Sandbox building mode allows particularly tech-savvy traders to create a platform and strategies customized to their preferences and needs.
  • Exceptionally affordable margin rates.
Cons
  • While good for active traders, newer traders may prefer a platform with fewer integration choices and a more streamlined approach.
  • No online mutual funds currently available.
Best For
Mobile Investing
Overall Rating
get started securely through SoFi’s website

Decide How Many Shares You Want

The number of shares you should buy depends on the price of AMC. For example, let’s say you have $2,000 to invest and AMC’s current stock price is $5 (so you’re comfortably under the stocks under $10 category). You could buy 400 shares of AMC stock. The number of shares you buy depends on your risk tolerance as well. Investing in a single stock opens you up to less diversification than if you were to, say, invest in a mutual fund or ETF. 

Choose Your Order Type

If you’re new to investing, you want to know several stock order types to understand before you purchase AMC stock. Your broker will ask you which type of order you want to place. 

Here’s our quick rundown of the most common orders you’ll encounter:

Bid

The bid price represents the maximum amount of money that a buyer is willing to pay for a share of AMC stock.

Ask

The ask is the price a seller is willing to accept for a security. This is also referred to as the offer price.

Spread

The spread is the difference between the lowest ask price and the highest bid price. For example, if the lowest ask price for a share of AMC stock is $5 and the highest bid price is $4.75, then the spread for AMC stock is $0.25.

Limit Order

A limit order is a type of order to purchase or sell a security at a specified price or better. For buy limit orders, the order will execute only at the limit price or lower. 

For sell limit orders, the order will be executed only at the limit price or higher. Limit orders allow you to better control the prices you trade. 

Market Order

A market order tells your broker that you want to buy the next available shares of AMC, no matter how the market moves. When you place a market order, you won’t specify a price that you’d like your order to execute. Your broker will fill the order as soon as it’s possible to do so. Market orders give you less control over what you pay per share of AMC. 

Stop-Loss Order

A stop-loss order is an order placed with a broker to buy or sell a stock once the stock reaches a certain price. This order can limit your loss on a security position. 

For example, setting a stop-loss order at 10% below the price at which you bought AMC stock will limit your loss to 10%.

Stop-Limit Order

A stop-limit order combines a limit order and a stop-loss order. When you place a stop-limit order, you specify both an upper limit price and a lower stop price. When you buy AMC, you might set a limit price of $190 and a stop price of $185.

Let’s say the cost rises above $190. Your stop-limit order converts to a limit order and your broker fills the order as long as you can purchase AMC for $190 a share or less. If the price rises above $190, your broker will stop filling the order. 

Execute Your Trade

Execution is simply the completion of a buy or sell order for a security. But it’s important to remember the execution of an order occurs when it is filled, not when you — the investor — place it.

AMC Stock History

AMC Entertainment Inc. delivers the highest revenue-producing and entertaining movie-going experience in the world through its American Multi-Cinema Inc. subsidiary. A few highlights: 

  • AMC became incorporated in 1968 but the business began in 1920 by a struggling actor working for a traveling tent show. 
  • During the 1920s and 1930s, a few theatres opened in the Kansas City area.
  • In 1999, AMC ran 200 theaters with 2,800 screens in 23 states. 
  • AMC generated annual ticket sales of nearly $1,030 million in 2000.

AMC Entertainment Inc. is now the largest movie theater chain in the world and just raised $917 million of new equity and debt capital, according to the company’s newest SEC filing. Around $500 million of this fundraising came from new common shares issuance. 

Pros to Buying AMC Stock

Shares of AMC Entertainment soared in early 2021. And since December 2020, it has raised more than $900 million in financing. AMC CEO Adam Aron said these funds could support the company well into 2021 — despite the financial losses of the pandemic. 

Reddit’s Wall Street Bets has rallied around AMC, and that resulted in the Twitter hashtag #SaveAMC. The Reddit community has drawn attention to turn stock prices around before. Wall Street Bets users played the market and pushed GameStop’s stock up to nearly 3 times its average. The same group has given attention to BlackBerry as well.  

Rallies around investments like GameStop and AMC are driven by individual retail investors. Invest in AMC, and you could be a part of what a Reddit user has dubbed “a war for the redistribution of wealth.”

Cons to Buying AMC Stock

Some experts highlight the short-term hype of AMC stock’s increase. AMC hasn’t had strong revenues and unfortunately, its decline began before COVID-19. AMC stock plunged to around the $2 range in mid-January, then quickly jumped above $3. Why did the stock price jump? It sold debt notes to bring in some capital. 

Just last year, AMC Entertainment admitted that it would run out of cash soon and projected to deplete its debt reserves in 2021. Moreover, the company conceded that it might have to consider bankruptcy.

It’s important to consider the reasons AMC’s stock rose — and it’s not due to excellent underlying financials. If you’re in it for the long haul, beware.

Buy AMC Stock Now

AMC is having its moment, but it’s also been around for more than a century. While it’s tough to bet on whether AMC is destined for long-term gain, anything is possible in the markets. Connect with an online brokerage and buy AMC stock today if you want to pocket some short-term success.

Turn to Webull

0 Commissions and no deposit minimums. Everyone gets smart tools for smart investing. Webull supports full extended hours trading, which includes full pre-market (4:00 AM - 9:30 AM ET) and after hours (4:00 PM - 8:00 PM ET) sessions. Webull Financial LLC is registered with and regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). It is also a member of the SIPC, which protects (up to $500,000, which includes a $250,000 limit for cash) against the loss of cash and securities held by a customer at a financially-troubled SIPC-member brokerage firm.