AMC’s stock falls 8%, putting it on pace for biggest daily percentage decline in almost two weeks

0 0

Shares of AMC Entertainment Holdings Inc. fell 8% Tuesday, putting the stock on pace for its biggest daily percentage decline since Nov. 9, when it fell 13.7%.

The movie-theater chain and meme-stock darling is also on pace for a two-day losing streak after ending Monday’s session down 3.6%. The S&P 500 SPX index is down 0.2% Tuesday. AMC AMC rival Cinemark Holdings Inc.’s CNK stock is down 1.7% Tuesday and Imax Corp. IMAX is down 1.2%.

Earlier…

Master your money.

Subscribe to MarketWatch.

Get this article and all of MarketWatch.

Access from any device. Anywhere. Anytime.

Subscribe Now

Log In

Read the full article here

Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy