Why Rising Inflation Is Great News for AMC Entertainment Stock - NewsBreak
By Suzana in Business
Updated 3 years ago
Higher consumer prices can help offset high fixed expenses. The BLS reported consumer prices rose by 5.4% in the last 12 months. AMC's stock price is up nearly 2,000% this year. Inflation is a concise term representing the measurement of price changes over time. The coronavirus pandemic caused mass disruption...