Forget AMC, Buy Disney Stock Instead

Trevor Jennewine, The Motley Fool
·5-min read
Forget AMC, Buy Disney Stock Instead

Media giants like AMC Entertainment Holdings (NYSE: AMC) and Walt Disney (NYSE: DIS) have seen attendance plummet due to closures of theme parks and theaters. Less than a mile down the street from where I live, the AMC theater that was once a hotspot is now all but abandoned, the massive parking lot perpetually empty. In March 2020, AMC closed all of its theaters due to the coronavirus -- roughly 1,000 locations in 15 different countries.