Can AMC Stock Bounce Back From its 74% Drop?
The woes continue for AMC Entertainment Holdings (NYSE: AMC) shareholders. The stock tumbled 8% on Tuesday, the result of a market sell-off that was made worse by another rough weekend at the box office. AMC shares have now plummeted 31% in January through Tuesday's close. It's the fifth consecutive monthly decline at AMC, and January is shaping up to be the worst of the streak's slides.
How did AMC get here? What will it take for AMC stock to win back its mojo? Let's start with Tuesday's sell-off, and work our way back before working our way into the future.
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Source Fool.com
