If you told an investor in 2020 that -- in less than a year -- AMC Entertainment Holdings (NYSE:AMC) would be worth as much as two American Airlines Groups combined, you would have been laughed out of the room. If you told those same folks that the moves would be driven by small retail investors looking to stick it to hedge funds, you would've been asked if you were feeling OK.

And yet, that's the world we find ourselves in today. While many have shrugged off the decoupling of a stock's price and its underlying business, we shouldn't be so quick to ignore an entertainment industry that's bound to rebound when the pandemic subsides.

In this June 7 video on their YouTube channel, Motley Fool contributors Brian Feroldi and Brian Stoffel discuss the merits of investing in AMC's underlying business of movie theaters.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.