Why AMC Entertainment Is Falling Again Today

·2 min read
Why AMC Entertainment Is Falling Again Today

Shares of AMC Entertainment (NYSE: AMC) were down by 7.8% to $10.68 at 12:20 p.m. ET Tuesday, on no news specific to the company. The movie theater operator has seen its stock rally numerous times lately. For example, it popped after management announced it was investing in a defunct gold and silver miner, Hycroft Mining (NASDAQ: HYMC), and did again more recently after the company took a near-7% stake in National CineMedia (NASDAQ: NCMI), an advertising outfit for movie theaters.

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