Bear Cave issues cautious report on AMC Entertainment

AMC Entertainment is a “consistently unprofitable, deeply indebted, and highly dilutive business that has seen its stock double in recent days based on spurious stock promotion,” The Bear Cave alleges in a new report. The firm argues that AMC is the worst positioned among the “meme stocks,” and says that it believes AMC is a “dead company walking” and that its promoters are a “disgrace” for the U.S. public markets.