Why AMC Stock Dropped Today
Shares of AMC Entertainment (NYSE: AMC) fell 6.7% on Friday, furthering a downtrend driven in part by Walt Disney's (NYSE: DIS) announcement of more movie delays earlier this week.
Disney reshuffled the release dates for five Marvel films. As a result, fans of movies from popular franchises such as Thor and Black Panther will need to wait several more months before they can see their favorite superheroes on the big screen again.
The House of Mouse also said it would move back its long-awaited Indiana Jones film by nearly a year, to June 2023.
Source Fool.com
