AMC Entertainment: This Will End Badly Again
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They say that death, taxes, and change are the only constants in life. Well in 2021, another item can be added to the list, and that’s shares of theater chain AMC (NYSE:AMC) seeing a spectacular rally thanks to massive speculation. On Monday, shares topped $30 again after the company announced a new share sale, but the latest equity deal does little to justify the long term valuation of the business.
(Source: Yahoo! Finance)
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