3 Things to Expect From AMC in 2021
Shares of AMC Entertainment (NYSE: AMC) fell 70% in 2020. That's a disastrous decline, but one that makes complete sense given the coronavirus headwinds the movie theater industry has been dealing with. As 2021 gets underway and vaccines are more widely distributed, investors might be expecting the situation to quickly improve.
Don't get too excited just yet, however. Here are three troubling issues you need to think about before investing in AMC Entertainment's stock.
With revenue down an incredible 90% in the third quarter of 2020, almost any improvement in AMC's business will look pretty impressive on a percentage basis. In normal times percentages would be enough to consider, but not now. Coming from such a low base, percentage changes could be wildly misleading.
Source Fool.com
