Motley Fool
AMC Entertainment Shareholders Are Making a Huge Mistake
The most surprising stock of 2021 is probably AMC Entertainment Holdings (NYSE: AMC), the world’s largest movie theater chain. Any objective observer would view the company as being in very dire straits; after all, AMC is saddled with billions in debt, reeling from the global pandemic, and facing a highly uncertain recovery amid the streaming revolution and compressed theatrical windows. Retail investors apparently see the stock as a reopening play and a short squeeze candidate, while also also betting their online community will keep buying and holding the stock.
