AMC: No Time To Die
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When we last wrote on AMC Entertainment Holdings (AMC) we had a neutral rating. We built that neutral rating based on the fact that AMC would have a fantastic 12 months ahead where revenues and EBITDA would come in higher than what most expect. On the flip side, AMC’s share count dilution meant that the eventual EBITDA per share would be low. The stock has since then gone up by more than 350%. Today, we review the investment case for AMC…
