AMC Stock Warning: Why the Meme Darling Could Plunge From Here
AMC(AMC) Investor Place·2024-06-19 18:05
AMC Entertainment (NYSE:AMC) is among the top global theater chains many investors have ignored for its underlying business model. Indeed, most retail investors in this name are investing not for the company’s fundamental growth prospects or its outlook moving forward. Those are rather negative. It’s the company’s upside potential as a meme stock, and its corresponding short-squeeze potential, that drives most of the discussion around this name.While AMC has certainly seen many near-term surges over the pas ...