Why AMC Entertainment Is Rising Today

Shares of AMC Entertainment (NYSE: AMC) were rising 5.5% higher at 10:57 a.m. Wednesday on no company-specific news. 

It comes after Disney's latest entry in the Toy Story franchise -- Lightyear -- failed to live up to expectations. A Wall Street analyst also lowered his price target on the stock yesterday, saying rampant inflation and rising gas prices were altering consumer spending priorities.

Image source: Getty Images.

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Source Fool.com