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…
-
Business21 hours agoIs Warren Buffett’s Berkshire Hathaway the smartest investment you can make today?
-
General21 hours agoTop chess player Magnus Carlsen forced into draw in historic game against over 134,000 people
-
General21 hours agoTaiwan’s President Lai Ching-te calls for peace and dialogue with China while also calling for defence boosts
-
Noosa News7 hours agoCommissioner thanks police officer who threw a speed radar at a car