Is the heyday of AMC gone?
The lifting of past measures to contain the COVID pandemic does not seem to have brought back huge crowds expected to AMC's theatre chain.
Releases of blockbuster movies have done little to help too, as rising competition from the online movies streaming service providers like $Netflix(NFLX)$
AMC will have to quickly reinvent itself to adapt to the new normal or become obsolete.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
