Friday, December 8, 2023

AMC stock falls 8%, on pace for biggest daily percentage decline since Nov. 9

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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%.


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