AMC stock forecast: lots of risks but rebound could be epic
AMC(AMC) Invezz·2024-03-11 21:22
AMC Entertainment (NYSE: AMC) stock price has collapsed to a record low as concerns about the Box Office industry, high debt load, and potential for dilution rose. It has slipped by more than 26% in 2024, lagging the broader market as the S&P 500 and Nasdaq 100 indices have surged to a record high.Dilution risks remainCopy link to sectionAMC Entertainment is in trouble. It has over $4.5 billion in long-term debt, with two-thirds of it coming due by 2026. It also has a substantial negative working capital, d ...