A Rocket to Nowhere

By -

Let us recount the preposterous journey of AMC Cinema in a single graphic. This was, of course, the darling of the /wallstreetbets lunatics. They seriously thought it was going to $5,000 per share because they were going to defeat the big, bad hedge funds. Suffice it to say that they have failed, and that a person who acquired AMC at its public offering nine full years ago would be sitting on a 0% gain now.