Most of us love a quick buck. I confess, I have gained from the recent AMC rally. But at this point, many are wondering if this rally will continue in the coming days.
What is the level of risk you could be facing if you take a position in it now and what is the true intrinsic value of the stock based on its fundamentals?
In this article, I’ll be doing a quick analysis on AMC based on its fundamentals, technicals and how I think this stock could perform in the near future.
What is AMC Entertainment Holdings and what do they do?
Think of AMC Entertainment Holdings (NYSE:AMC) as your local cinema (GV, Shaw etc.). Except that it is currently the largest movie theatre chain in the world with “2,866 screens in 358 theatres in Europe and 7,967 screens in 620 theatres in the United States.”
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