AMC Is Over Valued As Customers Are Not Ready To Return To theatres

AMC Entertainment Holdings, Inc. engages in the theatrical exhibition business through its subsidiaries. It operates through the United States Markets and International Markets segments. The United States segment involves in the activity in the U.S. specifically in New York, Los Angeles, Chicago, Atlanta, and Washington, D.C. Heavily hit over the last few months due to Coronavirus shutdowsn, the stock took a heavy beating. Over the last few weeks AMC has been steadily climbing due to the reopening in a number of states across the US. This increase in share price is due to investor sentiment driven by reopening, however the fundamentals are not there to support a long position. Short AMC for the next 2 weeks as investors begin to realize that movie theaters have a long road ahead, if that road exists, to recovery.

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AMC Is Over Valued As Customers Are Not Ready To Return To theatres

Jun 21, 2020

bearish

general Analysis

[< 1 min Read]

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AMC Entertainment Holdings, Inc. engages in the theatrical exhibition business through its subsidiaries. It operates through the United States Markets and International Markets segments. The United States segment involves in the activity in the U.S. specifically in New York, Los Angeles, Chicago, Atlanta, and Washington, D.C. Heavily hit over the last few months due to Coronavirus shutdowsn, the stock took a heavy beating. Over the last few weeks AMC has been steadily climbing due to the reopening in a number of states across the US. This increase in share price is due to investor sentiment driven by reopening, however the fundamentals are not there to support a long position. Short AMC for the next 2 weeks as investors begin to realize that movie theaters have a long road ahead, if that road exists, to recovery.
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AMC

AMC Entertainment Holdings, Inc.

12.38

-0.09
-0.72%

Return

-
Position Return %
0.00
Position Return
5.52
Price When Posted

Metrics

4.50
Target Price
5/ 10
Confidence
1-2 Months
Timeframe
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