AMC Stock: Buy, Sell, or Hold in 2022?
AMC Entertainment Group (NYSE: AMC) has been one of the most prominent stocks in 2021. The company gained mass popularity from the part it played in an epic meme-stock trading frenzy that started early in the year. That was when a group of traders got together on social media message forums and encouraged each other to buy and hold shares of AMC stock to force a short-squeeze.
Their enthusiasm had AMC stock up an incredible 2,000% at one point during the year. The interest is fizzling out, and AMC has since lost half of its value but the stock is still up more than 1,000% year-to-date in 2021. As the new year approaches, let's dive into AMC's business and determine whether long-term investors should buy, sell, or hold AMC stock in 2022.
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Source Fool.com