AMC doesn't reflect fundamental values despite continued rally, says Loop's Alan Gould

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AMC doesn't reflect fundamental values despite continued rally, says Loop's Alan Gould

AMC Entertainment surged again Tuesday, up 21% in premarket trading after the company sold more than 8 million shares to an investment firm. It’s the latest in a series of capital raises for the struggling theater chain. Alan Gould, analyst at Loop Capital Markets, joined "Squawk on the Street" to discuss.
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Tue, Jun 1 202110:02 AM EDT