"AMC Stock Continues Slide Amid Anemic Box Office Performance"

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Source: MarketWatch
"AMC Stock Continues Slide Amid Anemic Box Office Performance"
Photo: MarketWatch
TL;DR Summary

AMC Entertainment Holdings Inc.'s stock hit another all-time low, trading as low as $3.69 and down 7.8% on Monday, on track for a record closing low after ending Friday at $4.01. The stock is also set for its largest daily percentage decline since January 3, reflecting the demise of its meme-stock status. AMC shares have fallen 93.8% over the past 52 weeks, contrasting with the S&P 500 index's gain of 20% in that time. CEO Adam Aron described the recent decline as "so frustrating."

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