'Hold Your Horses,' Says Barrington About AMC Stock - TipRanks.com

AMC Entertainment's stock has recently surged by 135% due to a resurgence in meme stocks, not because of increased customer demand at its theaters. Analyst James Goss from Barrington maintains a neutral stance on AMC, citing high leverage and significant uncertainty in the company's capital structure. Despite recent stock performance, Goss notes the company's weak fundamentals, with a slight revenue decline and a significant EBITDA loss in Q1, and a sluggish start to Q2 with a 45% drop in box office revenue to date.