Could This Stock Be the Next AMC Entertainment Holdings (NYSE:AMC)?

could this stock be the next amc entertainment holdings nyseamc

Sumary of Could This Stock Be the Next AMC Entertainment Holdings (NYSE:AMC)?:

  • Size is the anchor of performance, and AMC now has a $21 billion market cap.
  • In this article, I’ll explore another movie theatre stock that could rally like AMC — particularly if it’s lucky enough to catch Reddit’s attention.
  • Cineplex Cineplex (TSX:CGX) is a Canadian movie theatre company that is in pretty much the exact same situation that AMC.
  • Specifically, It was forced to close most of its locations because of COVID-19;
  • and It’s now in the process of reopening its theatres and will probably see a sales boost as a result.
  • Its COVID-19 era revenue collapse and likely post-COVID recovery are similar to Cineplex’s, yet its stock is up far more.

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