AMC Stock: Don't Buy It, Don't Short It, Don't Even Look at It
AMC(AMC) investorplace.com·2024-05-24 18:40
It’s 2021 all over again, apparently. Global movie-theater chain AMC Entertainment (NYSE:AMC), along with video game retailer GameStop (NYSE:GME), are back in the spotlight. Before anyone gives in to the temptation to go bandwagon-jumping with AMC stock, I strongly recommend taking a few deep breaths and considering the worst-case scenarios.Expect significant capital losses regardless of your position in the trade. The meme-stock frenzy of 2021 had negative outcomes in 2022 and 2023. In 2024, consider AMC E ...