|
Feb 18
|
|
$1.24
$1.24
+0.0%
|
SHORT
|
Andrew Ross Sorkin
Co-Anchor, Squawk Box
|
Sorkin visited an AMC theater for a recent movie ("Crime 101") and noted only ~12 people were in the audience. The stock is trading under $2. Despite having "good movies," the theaters remain empty. The business model relies on consistent blockbusters, which are not materializing frequently enough to support the overhead. The fundamental business is broken ("How is this whole place even in business?"). A surprise mega-hit or "meme stock" rally could temporarily squeeze shorts. |
CNBC
Squawk Pod: Baby Formula, A Tax Hike, & The L...
|
|
Feb 17
|
|
$1.25
$1.24
-0.8%
|
N/A
|
Finnhub News
|
— |
Finnhub - AMC
AMC Entertainment (AMC) Laps the Stock Market...
|
|
Feb 17
|
|
$1.25
$1.24
-0.8%
|
N/A
|
Finnhub News
|
— |
Finnhub - AMC
Will AMC Entertainment (AMC) Report Negative ...
|
|
Feb 17
|
|
$1.25
$1.24
-0.8%
|
N/A
|
Finnhub News
|
— |
Finnhub - AMC
AMC Stock Hovers Around All-Time Low Ahead Of...
|
|
Feb 17
|
|
$1.25
$1.24
-0.8%
|
N/A
|
Finnhub News
|
— |
Finnhub - AMC
'AMC Kicks Off Loan Sale as Part of $2.5 Bill...
|