Tenet Is Not the Hero AMC Stock Needed

By Brian M. Reiser Christopher Nolan may be the best superhero movie director ever (my opinion only). But, when it comes to saving movie theaters during a global pandemic, he may not quite be the hero we need. And AMC Entertainment Holdings Inc (NYSE: AMC) may pay the price for that.
Nolan’s new film, Tenet, may be the blockbuster of the year, but when the blockbuster of the year has only grossed $29 million domestically to date, that’s, well… not great.
Meanwhile, AMC stock has been declining over the past week. While shareholders were hoping for a blockbuster boost from Tenet, it seems that movie season …read more

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