AMC Stock Slide: Worn-Out Investors Blamed

AMC Shares Hit Record Lows, Struggling to Regain Traction

Shares of AMC Entertainment Holdings Inc. have been on a downward trajectory, hitting a series of record lows recently. This is a stark contrast to the incredible surge the movie-theater chain experienced in 2021, when it became a meme-stock phenomenon. On Wednesday, the stock ended the trading session down 2.5% at $4.11, marking another record-low close. AMC shares are now down more than 98% from their all-time high in June 2021.