Business
2 Reasons AMC Will Have a Hard Time Bouncing Back – Motley Fool
The entertainment company is experiencing substantial decreases in revenue as it’s forced to operate at reduced capacity.
Shares of AMC Entertainment Holdings(NYSE:AMC) have been on a wild ride recently, as the theater chain’s stock is caught up in the buying frenzy induced by online discussions on a Reddit forum. Despite this, the fundamental outlook for the company hasn’t changed all that much in the past few weeks — and certainly not enough to justify the frenzied buying.
The substantial increase in the stock price in recent days has allowed management the option to offer more shares to the public and raise much-needed…
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