Why AMC Entertainment Is Falling Again Today
Shares of AMC Entertainment (NYSE: AMC) continued their steady descent on Tuesday, falling 5.6% heading into midday trading. Shares of the movie theater operator have fallen 12% over the past week and are down 35% in the last month.
AMC has become the premier meme stock, and while its shares have lost more than half their value from the peak they hit in early June, they remain 1,560% above the level they traded at when 2021 started.
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Source Fool.com