The Marcus Corporation (NYSE:MCS) is dead money. Management at MCS likes to spend money, but nothing has become of it in the past and I expect that to continue. Sometimes companies like Marcus trade so cheaply that even though they're unprofitable, the price makes them a buy. That's not the case with MCS and that's why I'd rather spend my money seeing a movie at one of the company's theaters than buy this overpriced, unprofitable stock.
Based in Milwaukee, The Marcus Corporation is a $300M property/capital-intensive entertainment provider in the US Midwest. The company owns and/or manages 55 movie theaters with 687 screens and 20 hotel/resorts through its Marcus Theatres and Marcus Hotels and Resorts subsidiaries....
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