3 Hard-Hit Companies Doing Brilliant Things in Their Darkest Hour

This has been a bad year for investors in AMC Entertainment (NYSE: AMC), American Airlines (NASDAQ: AAL), and Carnival (NYSE: CCL). Folks just aren't going to movie theaters or booking flights these days, and they don't really have a choice when it comes to cruising.

The market was celebrating all-time highs earlier this week, but the same can't be said about AMC, American Airlines, and Carnival. Those stocks were down 46%, 40%, and 55%, respectively, this year through Wednesday's close. It's been a rough 2020, but let's identify some smart moves that each of these three out-of-favor companies is doing at a time when many investors are writing them off.

Image source: Getty Images.

Source Fool.com