Facing Reality: AMC Stock Is Headed for Brutality and Fatality

Meme stock traders might root AMC Entertainment (NYSE:AMC) stock and its famous CEO, Adam Aron. However, it’s important for sensible investors to look closely at the actual data because there’s no reason to expect it to return to its 2021, 2022 or even 2023 price levels.Not long ago, AMC Entertainment refinanced $2.45 billion worth of debt. Some onlookers celebrated this, but it doesn’t negate the fact that AMC Entertainment has to pay off a whopping$2.45 billion plus interest.Actually, it’s probably worse ...