Why AMC Entertainment Is Continuing to Fall Today
Shares of AMC Entertainment (NYSE: AMC) continued to tumble Wednesday morning despite an earnings report that handily beat Wall Street expectations.
AMC stock was down by 7.5% as of 11:21 a.m. ET following a 5.4% drop Tuesday. But considering that this slide began after the stock first jumped by almost 12% at its Tuesday peak, that makes this a 22% rout so far.
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Source Fool.com