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Too Much Trouble! AMC Stock Is a Meme Stock to Avoid.
AMCAMC(AMC) InvestorPlace·2024-05-13 10:10

Adam Aron, the CEO of global movie-theater chain AMC Entertainment (NYSE:AMC), is a great cheerleader for the company. However, even Aron had to acknowledge a problem that impacted AMC Entertainment’s financial figures this year.As the company continues to bear the weight of massive debt, it’s wise to avoid AMC stock in 2024.                It’s understandable if meme-stock traders are looking for one more huge rally. Yet, prospective AMC Entertainment investors should look at the big picture. Frankly, the ...