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AMC shareholders are making a huge mistake, Loop Capital says

A man walks past the AMC Georgetown 14 Theatres in Washington, DC on June 3, 2021.
Mandel Ngan | AFP | Getty Images

AMC Entertainment said this week that it would not seek to issue more stock after input from its shareholders, many of whom are Reddit-focused retail traders. Loop Capital Markets believes these investors are making a massive blunder.

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