Why AMC Entertainment Continues to Fall Today
Shares of AMC Entertainment Holdings (NYSE: AMC) have barely had time to take a breath from their stunning fall from grace as the movie theater operator sees its shares down another 6.9% at 11:39 a.m. ET on Thursday.
As usual, there is no specific news to account for the drubbing the stock is taking. After soaring as high as $34.33 a share at the end of March, AMC has lost 57% of its value. It's lost 80% of its value from its meme stock trading frenzy high of over $72 a share.
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Source Fool.com
