Good Entry Point for AMC Stock? Not Just Yet, Says Analyst

Over the past 18 months, AMC Entertainment (AMC) has experienced two very unexpected developments which have impacted its business and stock. For one, the coronavirus decimated the cinema-going industry, bringing it to a virtual standstill. Without any sources of revenue, the pandemic almost completely destroyed AMC, with the debt piling up for the already highly leveraged company. But 2021 brought with it a savior from left of field in the form of the meme stock phenomenon, with retailers makin


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