Is There Any Hope Left for This Former Meme Stock, Down 35% in 2025?

Nearly five years ago, AMC Entertainment (NYSE: AMC) was not just one of the top meme stocks. It was one of the "meme kings," alongside GameStop (NYSE: GME). During the initial 2021 wave of meme stock mania, shares in both companies surged to record prices, a rally fueled almost entirely by speculation and hype.Although the trend peaked not too long after it started, shares in both companies managed to hold on to a fair amount of their respective meme gains for quite some time. In fact, GameStop -- trading in the low $20s today -- is still technically up from its pre-trend level.Unfortunately, it hasn't been the same story for AMC. Shares in the movie theater chain are down over 99% from their meme highs, and down over 35% just this year alone. Worse yet, while seemingly a bargain today, much suggests AMC still trades at an inflated valuation and could be vulnerable to further price declines.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool