AMC Entertainment: A Rocket To Nowhere
Tim Knight | Mar 16, 2022 01:00AM ET
Let us recount the preposterous journey of AMC Entertainment (NYSE:AMC) in a single graphic. This was, of course, the darling of the /wallstreetbets lunatics. They seriously thought it was going to $5,000 per share because they were going to defeat the big, bad hedge funds.
Suffice it to say that they have failed, and that a person who acquired AMC at its public offering nine full years ago would be sitting on a 0% gain now.
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