Why AMC Entertainment Is Falling Today

·2 min read
Why AMC Entertainment Is Falling Today

Movie-theater chain AMC Entertainment (NYSE: AMC) is in the process of giving back last-week's gains. Last week, AMC announced it took a near-7% stake in movie-advertising outfit National CineMedia. It's been an unfortunate consequence of AMC's meme-stock status that its shares are highly volatile, which more often than not causes it to briefly shoot higher, only to end up lower than where it began.

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