Actually, betting against the movie chain with a local office isn't a bad idea considering that the American public seems enthusiastic about skipping the cinema in favor of avoiding $10 popcorn, jugs of soda and sticky floors.
Nevertheless, here's the argument over stonks . . .
AMC Entertainment Holdings Inc. (NYSE: AMC) CEO Adam Aron said that the movie theatre chain is once again "under attack" from short sellers after having avoided bankruptcy during the COVID-19 pandemic, Bloomberg reported Thursday.