There's No Sugarcoating It: AMC Entertainment Is Still a Mess
When the curtain closes on 2021 in a little over a month, there's little doubt that the emergence of retail investors will be one of the years' biggest stories. Even though retail investors have been putting their money to work on Wall Street for more than a century, they've never had such an influence on equities as they have this year.
Though GameStop (NYSE: GME) was initially heralded as the king of all "meme stocks," -- i.e., companies valued more for the social media buzz they create than their actual operating performance -- it's movie theater chain AMC Entertainment (NYSE: AMC) that's become the undisputed favorite holding of the retail movement.
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Source Fool.com
