AMC Entertainment HoldingsNYSE: AMC

There is no question AMC Entertainment (NYSE: AMC ) is languishing. The movie theater operator lost 86% of its value over the past year punctuated by brief rallies when meme stocks came to life.

Shares of AMC Entertainment (NYSE: AMC ) have been absolutely obliterated since they peaked in 2021. After all the stock offerings the company has put forward, shares of AMC stock currently trade around $5 per share.

AMC (NYSE: AMC) stock price continued to underperform the market in the first half of the year amid rising dilution concerns. It crashed by over 18.6% while the S&P 500 and Nasdaq 100 indices rose by over 15%.

Meme stocks are some of the most dangerous investments to make right now. In my view, now may be a good time to sell many top meme stocks that have gone on big runs.

Don't be fooled by the return of meme stocks. It's curtains for AMC Entertainment (NYSE: AMC ) stock.

Many investors fear that REITs will crash if we hit a recession. But I expect the opposite. As weird as it may sound, I think that a recession would benefit REITs.

AMC Entertainment (NYSE: AMC ) has certainly seen its fair share of upside during recent meme stock rallies. In fact, during this year's recent surge, AMC stock soared as speculators piled into this beaten-down name.

AMC Entertainment (NYSE: AMC ) is a favorite of meme stock investors and moviegoers — and for good reason. The theater chain's hundreds of locations have provided a nostalgic pastime for many and the business does appear to be rebounding from pandemic lows.

AMC Entertainment (NYSE: AMC ) has been rangebound as of late, but don't assume that AMC stock is just sitting tight for the next wave of speculative frenzy about meme stocks. Sure, anything's possible, including another social media blitz by famed meme trader Keith “Roaring Kitty” Gill.