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.

Image source: Getty Images.

Continue reading


Source Fool.com