AMC's Hycroft (HYMC) Investment Looks More Like a Distraction
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AMC Adam Aron is continuing to surprise the market and bringing attention to AMC Entertainment Holdings. Today it was the announcement of a ~$28M in gold and silver miner Hycroft. We view this as little more than a distraction.
Nonetheless the market seemed to react positively, as the retail crowd tends to do with all things AMC and the shares closed up on the day. Have a read of our full analysis.
AMC shares closed up nearly 7% today.
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