Is There Any Hope Left for AMC Entertainment Stock?
The traders of Reddit's Wall Street Bets community shocked the investment world this year by bidding up AMC Entertainment (NYSE: AMC), sending shares higher by nearly 3,000% at one point. However, at Friday's prices, the stock was down more than 40% from its June highs.
Many traders held a "buy first, ask questions later" mentality when opening up a stake. But now, the time for questions has come. Can AMC deliver sustained growth over the long term?
Image source: Getty Images.
Source Fool.com
