3 Reasons AMC Stock Is Falling for the 4th Consecutive Month
I don't think apes hibernate, but shares of AMC Entertainment Holdings (NYSE: AMC) have been dozing off since peaking this summer. Shares of the leading multiplex operator have fallen more than 60% since the the theater chain's June highs, and the stock is now sinking for the fourth month in a row. The monthly slides aren't small.
What's getting in the way of the turnaround at AMC? Let's go over a few of the reasons AMC's fundamentals are holding up better than the industry but its stock is not following the major market indices to new highs as 2021 comes to a close.
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Source Fool.com
