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2 Stocks I'd Avoid at All Costs

Lawrence Rothman, CFA, The Motley Fool
·4-min read
2 Stocks I'd Avoid at All Costs
2 Stocks I'd Avoid at All Costs

Unsurprisingly, governmental orders that forced its theaters to close devastated AMC Entertainment's (NYSE: AMC) recent results, with its second-quarter revenue plummeting by 99% from $1.5 billion to just $18.9 million. Last year, before the pandemic wreaked havoc on people's health and forced governments to impose social distancing measures, AMC's admission revenue fell by 2.5% to $3.3 billion, partly due to lower attendance. Most recently, Walt Disney released Mulan to its Disney+ streaming service, where subscribers can view it for $30 over the next three months.