AMC Entertainment Holdings Inc. Cl A Stock Falls Monday, Underperforms Market
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Shares of AMC Entertainment Holdings Inc. Cl A (AMC) slid 2.40% to $7.33 Monday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 1.58% to 11,049.50 and Dow Jones Industrial Average falling 1.45% to 33,849.46. This was the stock's second consecutive day of losses. AMC Entertainment Holdings Inc. Cl A closed $16.28 below its 52-week high ($23.61), which the company achieved on November 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Cinemark Holdings Inc. (CNK) fell 3.25% to $13.40 and Marcus Corp. (MCS) rose 0.19% to $16.21. Trading volume (17.8 M) remained 6.8 million below its 50-day average volume of 24.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 28, 2022.
(END) Dow Jones Newswires
November 28, 2022 16:38 ET (21:38 GMT)
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