4 Reasons AMC Stock Is Down 62% From Its Springtime Highs
If AMC Entertainment Holdings (NYSE: AMC) investors ever get a biopic of the 2021 ownership experience, there's a good chance M. Night Shyamalan will be directing. Like many of his recent flicks, AMC stock got off to a strong start, but after throwing folks a few curves, it can't seem to stick the landing.
AMC was one of the market's hottest stocks through the first few months of this year, but the shares have fallen 62% since peaking in June. How did we get here? Why are some believers clinging to gravity-defying conspiracy theories? Is there still time for a Hollywood ending? Let's go over some of the reasons AMC has failed to live up to the hype.
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Source Fool.com
