Why AMC Entertainment Turned In Another Stellar Week
Shares of AMC Entertainment (NYSE: AMC) ended the week 28.1% higher than where they closed last Friday, according to data from S&P Global Market Intelligence, after posting four out of five days of gains and continuing a winning streak that began nine days ago.
Since closing at $13.56 on March 14, its lowest point since last May, the movie theater operator's stock has rallied 49% higher. Despite being down 72% from its 52-week high achieved during the meme stock trading frenzy last year, it remains 143% above its absolute low point a year ago.
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Source Fool.com
