AMC may have been a meme-stock darling, but weakness in some key areas has the company on shaky ground

by user

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AMC has experienced a rollercoaster couple of years that took the theater chain from beleaguered pandemic victim to meme stock phenomenon. So what’s next?

AMC Entertainment Holdings Inc. AMC, which describes itself as the largest movie theater company in the world, operated 1,004 movie theaters pre-Covid. But the pandemic hit the company hard, forcing the closure of movie theaters across the U.S. in March 2020. As Covid-19 raged, AMC was left scrambling to raise cash and with the possibility of bankruptcy hanging over the…

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