The Short Squeeze in AMC Entertainment Shares Has Boosted the Company’s Bond Prices by Over 100 Percent Relative to the Near-Bankruptcy Lows


AMC Entertainment (NYSE:AMC), the distressed movie theater chain, has dramatically turned around its fortunes following a dramatic gamma-driven short squeeze earlier this year. Even though AMC continues to raise more capital at elevated prices in the equity market, it is the bond market where the implications for the company’s foreseeable liquidity are truly astounding.

Consider the following three publicly traded bond issues of AMC Entertainment:

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As is evident from the charts above, AMC Entertainment’s 2025 bonds are currently

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