Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

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.

Image source: Getty Images.

Continue reading


Source Fool.com

Like: 0
AMC
Share

Comments