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AMC’s hype machine can’t fix the broken economics of movie theaters

Leonardo Rasaki 5 days ago
AMC’s hype machine can’t fix the broken economics of movie theaters

Shares of AMC (AMC) were trading around $18 just before the company decided to issue a new class of preferred shares to existing investors in late August. The hope was that the so-called apes who are fans of AMC on Reddit’s WallStreetBets subreddit and other social media sites would eat […]

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