AMC Stock Plummets, Potential Reversal Ahead

1 min read
Source: MarketWatch
AMC Stock Plummets, Potential Reversal Ahead
Photo: MarketWatch
TL;DR Summary

Shares of AMC Entertainment Holdings Inc. fell 8% on Tuesday, marking its biggest daily percentage decline since November 9. The movie-theater chain is also on track for a two-day losing streak, following a 3.6% drop on Monday. AMC's rival, Cinemark Holdings Inc., also saw a 1.7% decline in its stock, while Imax Corp. dropped 1.2%.

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