AMC Stock Is Up 28%. But Is It a Buy? @themotleyfool #stocks $AMC

AMC Stock Is Up 28%. But Is It a Buy? @themotleyfool #stocks $AMC

There's still time for a Hollywood ending for AMC Entertainment (NYSE: AMC). The multiplex operator may be trading more than 99% below the split-adjusted high it reached four summers ago, but momentum is on its side these days. AMC stock has risen 28% since bottoming out two months ago. The bullish turn might not seem apparent at first. Revenue declined last year, and it has now clocked in negative in four of the last five quarters. Trailing rev…