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Why AMC Entertainment Stock Jumped 27% Last Month

TheMotleyFool

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Why AMC Entertainment Stock Jumped 27% Last Month

Shares of AMC Entertainment (NYSE: AMC) gained 27% last month, according to data from S&P Global Market Intelligence.

The movie theater operator stock rose as it reopened theaters, posted its fourth-quarter earnings report, and as bullish traders on Reddit plowed into the stock once again. It was another volatile month as the chart below shows, but the stock's gains in the first half of March were enough for it to finish the month up 27%.