Why AMC Entertainment Stock Is Going Nowhere Today
Shares of AMC Entertainment (NYSE: AMC) were essentially flat in morning trading Tuesday after a long holiday weekend that saw the Toy Story spinoff Lightyear largely bomb at the box office.
The Disney (NYSE: DIS) film had been expected to bring in some $70 million to $85 million this weekend, with as much as $135 million worldwide, but instead was able to generate only $51 million stateside and $35 million more globally.
Image source: Getty Images.
Source Fool.com
