In a report from "The Bear Cave" published on Thursday,Edwin DorseyscrutinizesAMC Entertainment(NYSE:AMC), the world's largest movie theater chain, highlighting significant concerns about the company's financial health and recent stock movements.
Despite a recent doubling of AMC's stock price, Dorsey said the company remains "consistently unprofitable, deeply indebted, and highly dilutive." He starkly describes AMC as "a dead company walking."
Benzinga has reached out to AMC for comment on the report.
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