On Monday, the struggling AMC theater chain filed forms to continue with a $450 million initial public stock offering, its third time in four years. This morning, The Wire's Ray Gustini summed up the skepticism to the announcement nicely: "Movie theaters are a nice place to visit but, to paraphrase Ernie from Sesame Street, we wouldn't want to invest our money there."
From commenter PERFECTCIRCLES comes an even more practical sentiment:
I have $18 left on my AMC gift card. I better use it soon.
And that's the Comment of the Day. Thanks for reading. Check out Open Wire, where you can share tips, and links to the stories you think we should be covering.
This article is from the archive of our partner The Wire.