Trade of the Day: Take a Short-Term Gamble on AMC Entertainment (AMC) Stock
AMCAMC(AMC) Investor Place·2024-06-18 20:39

Let me be clear from the get-go. There may be an opportunity in embattled theater operator AMC Entertainment (NYSE:AMC). Yes, as a long-term investment, AMC stock appears risky. However, because of the meme-trading sentiment, the resilience of its day-to-day price action opens the door to possible profit scalping. Investors should probably avoid extended exposure to AMC stock. Why? Experts don’t like the business. Right now, Wall Street analysts rate shares a consensus moderate sell. This assessment breaks ...