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Benzinga
Benzinga
Business
Wayne Duggan

UNCOVERED: Is amc entertainment getting desperate - Caught on Camera

AMC AMC Entertainment AMC Entertainment Holdings Inc NYSE

In the first quarter of 2021, AMC Entertainment Holdings Inc (NYSE:AMC) became one of the most popular meme stock investments in the market.

A year later, the movie theater chain's rebound from the pandemic hasn't gone as well as investors had hoped, and the company's latest decision to buy a struggling gold mine rather than pay down its more than $5 billion in debt has some analysts concerned that AMC management is getting increasingly desperate.

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