AMC Stock Is in the Spotlight for All the Right Reasons. Here's Why It's a Buy Now.
The movie theater giant has almost doubled this year, and the upticks are actually earned this time.
Overview
There is green being made on the silver screen this year. AMC Entertainment (NYSE: AMC) -- yes, that multiplex operator that had its meme stock glow up and blow up in 2021 -- is one of this year's more surprising winners. The shares are up 86% in 2026, naturally trouncing the market and likely your own AMC-less portfolio.
As she ascended the stairs of an empty AMC movie theater in the fall of 2021, Nicole Kidman predicted this day would happen. "We come to this place for magic," Kidman says.
Details
After a long way down -- AMC shares are still down 99% over the past five years -- it seems as if the free-falling exhibitor is finally ready to turn around. Finally! It's the magic show that Kidman once promised.
Source
Originally published at www.fool.com.