Read This Before Buying AMC stock
Earlier this month, when AMC Entertainment (NYSE: AMC) released its latest quarterly results, CEO Adam Aron talked up both better-than-expected results and his optimism about the current fiscal quarter. Yet while the movie theater chain, whose shares were once one of the top meme stocks out there, may have stronger results next quarter, don't get too confident about a recovery.
There's a good reason why shares have been steadily selling off since earnings day on Nov. 5. It all has to do with the company's ongoing dilution spiral, and why this already bad situation could get far worse pretty quickly.
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Source Fool.com


