AMC Entertainment Holdings Inc (AMC)

[Prudent Capitalist]

He was likely factoring in the significant losses for Q2 which AMC is scheduled to report on August 8, which will now be even greater given the loss on AMC's investment in Hycroft Mining (HYMC), which AMC must report as a loss under the mark to market rule for such investments. Not setting up to be a pretty Q report again. But Citi is consistent with most all other analysts who also have AMC rated a SELL with price targets in the low to middle single digits.