Why AMC Entertainment Is Falling Today
Shares of AMC Entertainment (NYSE: AMC) are falling 8% in morning trading on Wednesday as continuing worry over rising new cases of COVID-19 weigh on the theater operator.
While AMC has tiptoed along the precipice of bankruptcy during the pandemic, the world's largest theater owner has been gearing up for a reopening of its movie houses in July. A surge in new cases might cause states to clamp down once again.
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Source Fool.com