Is AMC The Ultimate Zombie Stock?

"AMC beat street expectations which were not high. The theater company is doing better as the industry improves. They have a significant debt that they are paying down. Next year might turn into cash generation," says Alicia Reese. "The economics of AMC are terrible. What are they trying to do with the APE preferred stock? AMC is the ultimate zombie stock that is at risk of declining to $0," says David Trainer.

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02 Mar 2023

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