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Down 99%, Is This Former Meme Stock Finally a Buy?

The movie business is on a comeback trail.

By Travis Hoium – Aug 28, 2024 at 4:56AM EST

AMC (AMC +3.38%) was one of the hottest stocks on the market not long ago. However, the company hasn't been able to overcome the lack of recovery in the theater market after the pandemic. In this video, Travis Hoium covers whether or not this is a buying opportunity for long-term investors.

*Stock prices used were end-of-day prices of Aug. 26, 2024. The video was published on Aug. 26, 2024.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

AMC Entertainment Stock Quote
AMC Entertainment
NYSE: AMC
$1.38
(+3.38%)+$0.05

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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