AMC stock price forecast: once beloved meme stock gets oversold

AMC (NYSE: AMC) stock price has had a tough start of the year. It has crashed by more than 25% year-to-date as some investors worry about its future. Some are even wondering whether the theatre chain will survive this year. This year’s losses mean that the stock has plunged by more than 89% in the past 12 months, giving it a market cap of just $1.15 billion.Is this fear warranted?Copy link to sectionAMC Entertainment, which became a hit during the meme stock mania, has become a hated company with a short in ...