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Why AMC Stock Surged Today

TheMotleyFool

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Shares of AMC Entertainment (NYSE: AMC) popped 13% Monday, following bullish analyst commentary.

B. Riley Securities analyst Eric Wold lifted his rating on the movie theater company's stock from neutral to buy. He sees AMC's share price rising to $13, or roughly 23% higher than its closing price of $10.61.

Investors bid up AMC's stock price Monday. Image source: Getty Images.

Source Fool.com

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