AMC Failed to Live Up to the Hype Last Week
This past week could've been a defining moment for AMC Entertainment Holdings (NYSE: AMC). The country's leading multiplex operator was slated to report fresh financial results. Retail investors were mounting a show of force. A rare theatrical release that's only available at theatres was going to light up the box office.
Things didn't exactly play out that way. The stock chart will argue that last week wasn't a dud; AMC stock rose 2.4% for the week, more than tripling to the market's mere 0.7% ascent. However, with the stock still trading for less than half of its early June peak, it was a blown opportunity for the exhibitor to show off. Let's go over the week that was -- as well as the week that could've been.
Image source: Getty Images.
Source Fool.com
