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Why AMC Entertainment Is Falling Today


Shares of AMC Entertainment (NYSE: AMC) are falling 2.2% as of 11:13 a.m. ET on Monday despite there being no specific news pushing the shares lower. 

The move is following a pattern established last summer when internet stock traders pushed the movie theater operator's highly shorted shares to unreasonable heights during a meme stock trading frenzy -- it hit almost $73 a share last June -- only to see their value subsequently collapse.

Image source: Getty Images.

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Source Fool.com

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