AMC a 'long way from its intrinsic value,' Ariel's Bobrinskoy says

"In some cases it is simple to see that a stock is trading way above it's intrinsic value and unfortunately, AMC is a long way from it's intrinsic value," Ariel Investments vice chairman and head of investment group Charlie Bobrinskoy tells Closing Bell. He and Mike Santoli join the program to discuss the state of markets today.