Should You Buy AMC Stock After Q3 Earnings?
AMC Entertainment Holdings (NYSE: AMC) has arguably been one of the more popular stocks of 2021, at least among meme stock traders. The sustained attention from those buyers has raised AMC's stock price by nearly 1,900% in 2021.
Underlying it all is a movie theater business recovering from the pandemic's devastations, which shut all of its theaters temporarily at various times in 2020 and 2021. AMC reported fiscal third-quarter earnings on Nov. 8 that showed another step toward recovery. But that does not necessarily mean you should buy its stock. Let's take a look at why.
AMC loves that people are going to its theaters again. Image source: Getty Images.
Source Fool.com
