Should You Follow Jim Cramer’s Advice and Short GameStop and AMC Stocks?
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“When I see meme stocks taking over again like GameStop and AMC, I have to remember it is irrational,” according to Mad Money’s host Jim Cramer. Jim Cramer questions the high valuations of GameStop and AMC, highlighting their shaky business fundamentals compared to peers like Best Buy, and advises investors to sell. GameStop, with fluctuating…
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Idolized by some and criticized by others, AMC’s CEO Adam Aron divides opinions among shareholders. Adam Aron, CEO of AMC Entertainment since January 2016, has navigated the company through significant challenges, including acquisitions, declining movie attendance, and the COVID-19 pandemic. Despite facing increased debt and dwindling revenues, Aron’s leadership steered AMC to roughly double its…