AMC Stock's Siren Song: Resist the Call of This Meme Play in 2024
AMCAMC(AMC) Investor Place·2024-06-26 18:15

AMC Entertainment (NYSE:AMC) has certainly seen its fair share of upside during recent meme stock rallies. In fact, during this year’s recent surge, AMC stock soared as speculators piled into this beaten-down name.Much of this activity was tied to fellow meme stock GameStop (NYSE:GME), and the re-entrance of Keith Gill and retail investors into the name. However, aside from highly speculative factors, there aren’t really any fundamental catalysts that suggest this is a stock worth buying right now. So, for ...