Wall Street Has Written Off AMC Stock. Here's Why That's a Mistake.

AMC Entertainment stock has surged 111% in 2026, defying Wall Street skepticism. Despite being down 99.1% over five years, the company is experiencing a genuine turnaround driven by improving fundamentals: domestic ticket sales are up 20% year-over-year, theaters are expanding high-margin concessions offerings, and profitability is expected by 2028. The author, who recently became an AMC shareholder, argues that dismissing the stock based on past performance overlooks the current momentum and improving business metrics.