Wall Street Has Written Off AMC Stock. Here's Why That's a Mistake.
AMC Entertainment stock is now up 111% in 2026. That is not a typo.
Overview
Have you ever walked out of a movie theater during a screening, only to realize that you missed a pretty good flick? A lot of former AMC Entertainment (NYSE: AMC) investors and speculators probably feel that way.
Shares of the country's leading multiplex operator popped 12% on Monday, a day when most portfolios took on water. The surprising pop this week did something else, pushing the stock to more than double so far this year. In a year when two of the biggest theatrical releases in the horror genre came from low-budget movies made by 20-something YouTubers, it's only fitting that AMC is the unexpected market darling of 2026.
Details
It may not seem sustainable, and AMC still has one of the ugliest five-year charts on the market. But dismissing AMC's present and future based on its brutal portfolio-mauling past could be a lost opportunity. You were right when you thought that AMC's surge in 2021 wasn't sustainable as the fundamentals were deteriorating. Why do you think the bears are right now when the fundamentals are on the rise?
Source
Originally published at www.fool.com.