Why AMC Entertainment Stock Fell 5% Today

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Why AMC Entertainment Stock Fell 5% Today

Motley Fool2021-08-19

What happened Shares of AMC Entertainment Holdings (NYSE:AMC) stock stumbled 6% in early trading on the New York Stock Exchange this morning, and remain down 5% as of 10:45 a.m. EDT. But why? I mean, ...

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SL1977
·2021-08-20
fool is a paid FUD. You can see why they have never stop criticising AMC stock. There are so many stocks to criticise and only AMC worthy of their most attention. Apes don’t need your advice.
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- Jerrywong76:
  So true.
  2021-08-24
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andrew123
·2021-08-20
It will only go up only when all the millions of david support it. I guess many of the davids become long term hodl. Beginning david won. Now golaith won. Score 1-1
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Shan_2021
·2021-08-20
Let Citigroup sell all the stock at present rate .. why bother to wait till it reach 5 uSD .hahaha . fool.com to back up but it never mentioned in Citigroup Twitter account .. will hold till the day I feel like I won’t watch movie in theatre…
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MarkN
·2021-08-20
Tough to compete
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- Charging:
  [微笑]
  2021-08-20
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Mccoy
·2021-08-20
What is the long term plan for this?
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KYHBKO
·2021-08-20
price follow earnings in the long run. let us research and do our own due diligence
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- Aloynty:
  Good point, dyod
  2021-08-20
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Lionel_yp
·2021-08-20
Because some countries treating covid19 as epedemic
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- ramius75:
  Sad
  2021-08-20
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- Lionel_yp:
  Epidemic
  2021-08-20
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- klo:
  h
  2021-08-20
  Reply
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Xue91
·2021-08-20
Yaaa
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SimonGoh
·2021-08-20
...
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5
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- SimonGoh:
  ...
  2021-08-20
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Alice156
·2021-08-20
Please like and comments
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- Machine23:
  ok
  2021-08-20
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Tatsuya
·2021-08-20
No to meme stocks
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- Ti82:
  Yeah
  2021-08-20
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- Xue91:
  Hmm
  2021-08-20
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neosg
·2021-08-20
I think only fools will believe what Motley is writing about AMC lol...
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Chavvobimbo
·2021-08-20
Hdidhebe
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Chavvobimbo
·2021-08-20
Nenejdnd
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LuffyDono
·2021-08-20
[Cool]
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Fooyj898
·2021-08-19
No
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- tearach:
  noo
  2021-08-19
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- rooot:
  Noooooo
  2021-08-20
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rachellll
·2021-08-19
a
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7
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- rachellll:
  a
  2021-08-19
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dahae
·2021-08-19
a
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- dahae:
  a
  2021-08-19
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But why?\nI mean, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/19/why-amc-entertainment-stock-fell-5-today/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMC","symbol_name":"AMC院线","start_time":0,"source_url":"https://www.fool.com/investing/2021/08/19/why-amc-entertainment-stock-fell-5-today/","article_id":"2160601987","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2160601987","pubTimestamp":1629385675,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"Citi raised its price target, but still sees AMC as a sell.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AMC":"AMC院线"},"translate_title":"为什么AMC院线股票今天跌了5%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMC":0.9},"content_text":"What happened\nShares of AMC Entertainment Holdings (NYSE:AMC) stock stumbled 6% in early trading on the New York Stock Exchange this morning, and remain down 5% as of 10:45 a.m. EDT. 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There are so many stocks to criticise and only&nbsp;AMC worthy of their most attention. Apes don’t need your advice.&nbsp;","listText":"fool is a paid FUD. You can see why they have never stop criticising AMC stock. There are so many stocks to criticise and only&nbsp;AMC worthy of their most attention. Apes don’t need your advice.&nbsp;","text":"fool is a paid FUD. You can see why they have never stop criticising AMC stock. There are so many stocks to criticise and only AMC worthy of their most attention. Apes don’t need your advice.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/838543268","repostId":2160601987,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5624482,"gmtCreate":1629735558223,"gmtModify":1663232808757,"authorId":3567209468158570,"author":{"id":3567209468158570,"authorId":3567209468158570,"name":"Jerrywong76","avatar":"https://static.tigerbbs.com/cb628024b8bf8a62db30a806c6571a54","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":838543268,"type":1,"supId":0,"prevId":0,"content":"So true. ","text":"So true. ","html":"So true. "}],"langContent":"EN"},{"id":838267722,"gmtCreate":1629414693166,"gmtModify":1676530030741,"author":{"id":"3576260758860416","authorId":"3576260758860416","name":"andrew123","avatar":"https://community-static.tradeup.com/news/f3e049e64de259e717c6e652c0aca653","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":0},"htmlText":"It will only go up only when all the millions of david support it. I guess many of the davids become long term hodl. Beginning david won. Now golaith won. Score 1-1","listText":"It will only go up only when all the millions of david support it. I guess many of the davids become long term hodl. Beginning david won. Now golaith won. Score 1-1","text":"It will only go up only when all the millions of david support it. I guess many of the davids become long term hodl. Beginning david won. Now golaith won. Score 1-1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/838267722","repostId":2160601987,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":838284506,"gmtCreate":1629414046105,"gmtModify":1676530030437,"author":{"id":"3585764169254376","authorId":"3585764169254376","name":"Shan_2021","avatar":"https://static.tigerbbs.com/8683f374343f61d0fbbf7acdfbca2bcc","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Let Citigroup sell all the stock at present rate .. why bother to wait till it reach 5 uSD .hahaha&nbsp;. fool.com to back up but it never mentioned in Citigroup Twitter account&nbsp;.. will hold till the day I feel like I won’t watch movie in theatre…&nbsp;","listText":"Let Citigroup sell all the stock at present rate .. why bother to wait till it reach 5 uSD .hahaha&nbsp;. fool.com to back up but it never mentioned in Citigroup Twitter account&nbsp;.. will hold till the day I feel like I won’t watch movie in theatre…&nbsp;","text":"Let Citigroup sell all the stock at present rate .. why bother to wait till it reach 5 uSD .hahaha . fool.com to back up but it never mentioned in Citigroup Twitter account .. will hold till the day I feel like I won’t watch movie in theatre…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/838284506","repostId":2160601987,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":838214940,"gmtCreate":1629413316980,"gmtModify":1676530030185,"author":{"id":"3575420342405162","authorId":"3575420342405162","name":"MarkN","avatar":"https://static.tigerbbs.com/99ad375a87341ac6ee6e1e5a9fe435c3","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Tough to compete","listText":"Tough to compete","text":"Tough to compete","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/838214940","repostId":2160601987,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5583929,"gmtCreate":1629415047437,"gmtModify":1663232632744,"authorId":3574924744683779,"author":{"id":3574924744683779,"authorId":3574924744683779,"name":"Charging","avatar":"https://static.tigerbbs.com/bb132b01616074824a4d1a4b8478727e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":838214940,"type":1,"supId":0,"prevId":0,"content":"[微笑]","text":"[微笑]","html":"[微笑]"}],"langContent":"EN"},{"id":838235435,"gmtCreate":1629412350927,"gmtModify":1676530029963,"author":{"id":"3574334422904887","authorId":"3574334422904887","name":"Mccoy","avatar":"https://community-static.tradeup.com/news/626386aff3a919ef011bb830574c9e4a","vip":1,"crmLevel":7,"crmLevelSwitch":1},"htmlText":"What is the long term plan for this?&nbsp;","listText":"What is the long term plan for this?&nbsp;","text":"What is the long term plan for this?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/838235435","repostId":2160601987,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":838235840,"gmtCreate":1629412313180,"gmtModify":1676530029956,"author":{"id":"3574381076586256","authorId":"3574381076586256","name":"KYHBKO","avatar":"https://static.tigerbbs.com/c3bcbc7f9a10836dea92afc94bf39b5b","vip":2,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"price&nbsp;follow earnings in the long run. let us research and do our own due diligence","listText":"price&nbsp;follow earnings in the long run. let us research and do our own due diligence","text":"price follow earnings in the long run. let us research and do our own due diligence","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/838235840","repostId":2160601987,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5583946,"gmtCreate":1629415146163,"gmtModify":1663232632832,"authorId":3575873871496945,"author":{"id":3575873871496945,"authorId":3575873871496945,"name":"Aloynty","avatar":"https://community-static.tradeup.com/news/8bc156c78f1b8fc5d20a5b2da3a5b6aa","vip":1,"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":838235840,"type":1,"supId":0,"prevId":0,"content":"Good point, dyod","text":"Good point, dyod","html":"Good point, dyod"}],"langContent":"EN"},{"id":838294783,"gmtCreate":1629411440042,"gmtModify":1676530029692,"author":{"id":"3581593350988898","authorId":"3581593350988898","name":"Lionel_yp","avatar":"https://static.tigerbbs.com/48015e61aaaedeb86cb8b0ed85a7b0af","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Because some countries treating covid19 as&nbsp;epedemic","listText":"Because some countries treating covid19 as&nbsp;epedemic","text":"Because some countries treating covid19 as epedemic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/838294783","repostId":2160601987,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5583415,"gmtCreate":1629412166451,"gmtModify":1663232629626,"authorId":3586470645934044,"author":{"id":3586470645934044,"authorId":3586470645934044,"name":"ramius75","avatar":"https://community-static.tradeup.com/news/c4c299991e47de2cfc27ff1e679cc5ee","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 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like and comments","listText":"Please like and comments","text":"Please like and comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/838672910","repostId":2160601987,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5583083,"gmtCreate":1629409075940,"gmtModify":1663232628554,"authorId":3574907279320575,"author":{"id":3574907279320575,"authorId":3574907279320575,"name":"Machine23","avatar":"https://static.tigerbbs.com/4e7c812dbe184947690c36d45b6469be","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 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to meme stocks","listText":"No to meme stocks","text":"No to meme stocks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/838648626","repostId":2160601987,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5583242,"gmtCreate":1629411061265,"gmtModify":1663232630533,"authorId":3581545771843484,"author":{"id":3581545771843484,"authorId":3581545771843484,"name":"Ti82","avatar":"https://static.tigerbbs.com/9dcf97e9c0724dd0190ad03354b136c5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":838648626,"type":1,"supId":0,"prevId":0,"content":"Yeah","text":"Yeah","html":"Yeah"},{"id":5583082,"gmtCreate":1629409070094,"gmtModify":1663232628647,"authorId":3582021616632458,"author":{"id":3582021616632458,"authorId":3582021616632458,"name":"Xue91","avatar":"https://static.tigerbbs.com/4d9f9012cc2ef597a6ee7470e2cfb3e1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":838648626,"type":1,"supId":0,"prevId":0,"content":"Hmm","text":"Hmm","html":"Hmm"}],"langContent":"EN"},{"id":838663149,"gmtCreate":1629393174581,"gmtModify":1676530027876,"author":{"id":"3571113797749536","authorId":"3571113797749536","name":"neosg","avatar":"https://static.tigerbbs.com/fc9ad7a3430e4784449db6c7be4fa003","vip":1,"hat":"https://static.tigerbbs.com/f84859c65fc2d7681e28f6b8e9b0535a","crmLevel":2,"crmLevelSwitch":1},"htmlText":"I think only fools will believe what Motley is writing about AMC lol...","listText":"I think only fools will believe what Motley is writing about AMC lol...","text":"I think only fools will believe what Motley is writing about AMC lol...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/838663149","repostId":2160601987,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":838682166,"gmtCreate":1629391940855,"gmtModify":1676530027763,"author":{"id":"3571190414518508","authorId":"3571190414518508","name":"Chavvobimbo","avatar":"https://static.tigerbbs.com/9c51865ebe84e556253484a721fde46b","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Hdidhebe","listText":"Hdidhebe","text":"Hdidhebe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/838682166","repostId":2160601987,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":838682081,"gmtCreate":1629391923943,"gmtModify":1676530027756,"author":{"id":"3571190414518508","authorId":"3571190414518508","name":"Chavvobimbo","avatar":"https://static.tigerbbs.com/9c51865ebe84e556253484a721fde46b","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Nenejdnd","listText":"Nenejdnd","text":"Nenejdnd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/838682081","repostId":2160601987,"repostType":4,"repost":{"id":"2160601987","pubTimestamp":1629385675,"share":"https://www.laohu8.com/m/news/2160601987?lang=&edition=full","pubTime":"2021-08-19 23:07","market":"us","language":"en","title":"Why AMC Entertainment Stock Fell 5% Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2160601987","media":"Motley Fool","summary":"Citi raised its price target, but still sees AMC as a sell.","content":"<h2>What happened</h2>\n<p>Shares of <b><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> Holdings </b>(NYSE:AMC) stock stumbled 6% in early trading on the New York Stock Exchange this morning, and remain down 5% as of 10:45 a.m. EDT. But why?</p>\n<p>I mean, didn't Citigroup just this morning raise its price target on the movie theater chain stock by 35%?</p>\n<p><img src=\"https://static.tigerbbs.com/dd3adff3dc918e899412a2aba00f83ae\" tg-width=\"700\" tg-height=\"595\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: Getty Images.</p>\n<h2>So what</h2>\n<p>Well, yes, it did. As StreetInsider.com reports today, Citigroup this morning gave AMC a price target hike from $3.70 per share to $5 even. Problem is, right now AMC stock is trading closer to $35 a share than to $5. And this means that, basically, Citigroup just said AMC stock is doomed to lose about 85% of its value over the next 12 months.</p>\n<p>As the analyst explained, not only has AMC been forced to take on a massive debt load, in excess of $11 billion, to keep itself solvent through the pandemic -- \"elevated leverage\" that is \"an added risk to an uncertain recovery,\" in the analyst's view. On top of that, the rise of at-home video streaming and concurrent movie releases both in theaters and on folks' television sets means \"the strategic role of exhibitors is diminishing,\" warns the analyst.</p>\n<h2>Now what</h2>\n<p>Little wonder, therefore, that Citigroup is maintaining its sell&nbsp;rating on this totally profitless stock. I can't say I disagree.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why AMC Entertainment Stock Fell 5% Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy AMC Entertainment Stock Fell 5% Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-19 23:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/19/why-amc-entertainment-stock-fell-5-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of AMC Entertainment Holdings (NYSE:AMC) stock stumbled 6% in early trading on the New York Stock Exchange this morning, and remain down 5% as of 10:45 a.m. EDT. But why?\nI mean, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/19/why-amc-entertainment-stock-fell-5-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/08/19/why-amc-entertainment-stock-fell-5-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160601987","content_text":"What happened\nShares of AMC Entertainment Holdings (NYSE:AMC) stock stumbled 6% in early trading on the New York Stock Exchange this morning, and remain down 5% as of 10:45 a.m. EDT. But why?\nI mean, didn't Citigroup just this morning raise its price target on the movie theater chain stock by 35%?\n\nImage source: Getty Images.\nSo what\nWell, yes, it did. As StreetInsider.com reports today, Citigroup this morning gave AMC a price target hike from $3.70 per share to $5 even. Problem is, right now AMC stock is trading closer to $35 a share than to $5. And this means that, basically, Citigroup just said AMC stock is doomed to lose about 85% of its value over the next 12 months.\nAs the analyst explained, not only has AMC been forced to take on a massive debt load, in excess of $11 billion, to keep itself solvent through the pandemic -- \"elevated leverage\" that is \"an added risk to an uncertain recovery,\" in the analyst's view. On top of that, the rise of at-home video streaming and concurrent movie releases both in theaters and on folks' television sets means \"the strategic role of exhibitors is diminishing,\" warns the analyst.\nNow what\nLittle wonder, therefore, that Citigroup is maintaining its sell rating on this totally profitless stock. I can't say I 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