Although AMC theaters are showing signs of a rapid recovery and are expected to achieve a positive EBITDA profit margin in 2023, the stock remains overvalued compared to other stocks. “It is highly improbable for AMC’s stock to rebound to $20 in 2023. However, Jia also pointed out that in the current tightening monetary policy environment, meme stocks are less likely to trigger short squeezes compared to the past two years, when individual investors had greater access to funds due to the Federal Reserve’s loose monetary policy. June Jia – Owner of Canny Trading and Quantitative Researcher at GF SecuritiesĬonsidering that AMC is a meme stock, the quantitative researcher suggested exploring the possibility of another short squeeze leading to a significant rise in its price. With the latest news on common stock and preferred shares taken into account, Finbold asked industry experts about their 2023 AMC stock outlook and factors expected to define the movie theater’s success in the market to determine if the company can regain $20.