AMC Entertainment Holdings plans to authorize a $150 million share sale, causing a slight decrease in stock value. Despite strong box office performance, AMC shares are down 60% from their 52-week high due to debt concerns. Investors are cautious, prioritizing balance sheet stability over box office success. High-risk investors find reasons to stick with AMC, including management efforts to reduce losses and the potential for a short squeeze. Wall Street analysts believe the recent sell-off of AMC stock has been excessive, with a mean target price indicating a 40% upside from current levels.
Read more at Yahoo Finance: Dear AMC Stock Fans, Mark Your Calendars for February 2
