AMC’s Summer Blockbuster - A Stock Drop, A Rare Warning, and A Dire Prediction

Jun 3, 2021 · 51m 35s
AMC’s Summer Blockbuster - A Stock Drop, A Rare Warning, and A Dire Prediction
Description

Shares of the movie theater chain going on another wild ride today, as the company raised another $587m in equity, but warned about the recent volatility in the stock. We’re...

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Shares of the movie theater chain going on another wild ride today, as the company raised another $587m in equity, but warned about the recent volatility in the stock. We’re joined by Rich Greenfield, the LightShed partners analyst who says shares are going to $0.01, to talk about how he justifies his price target.
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Author CNBC
Organization CNBC
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