• 3
  • 6
  • Favorite

AMC Entertainment's stock drops toward a 4-day losing streak, in which it has shed nearly 39%

Dow Jones2021-02-10

MW AMC Entertainment's stock drops toward a 4-day losing streak, in which it has shed nearly 39%

Shares of AMC Entertainment Holdings Inc. $(AMC)$ slumped 10.8% in afternoon trading, putting them on track to suffer a fourth straight loss in which they shed 38.6%. That would be the longest losing streak since the 11-day losing stretch ended Jan. 5, 2021, in which the stock lost 30.5%. Since the stock closed at $19.90 on Jan. 27, the highest close since October 2018, the stock has now plunged 72.3%. The stock has also now retraced 81.9% of the 754.1% rocket ride from the Jan. 15 close of $2.33 to the Jan. 27 close, as part of the trading frenzy that occurred in a number of heavily shorted stocks . AMC's stock has still gained 159.9% year to date, while the S&P 500 has tacked on 4.3%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

 

$(END)$ Dow Jones Newswires

February 09, 2021 15:07 ET (20:07 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment6

  • GOGoAnZi
    ·2021-02-10
    I WILL NEVER LET YOU GO!!! 
    Reply
    Report
  • GOGoAnZi
    ·2021-02-10
    I WILL NEVER LET U GO.
    Reply
    Report
  • Humble_Teoh
    ·2021-02-10
    Oh my gosh
    Reply
    Report
    Fold Replies
  • AndrewL
    ·2021-02-10
    AMC is a good buy ?
    Reply
    Report
    Fold Replies
    • AndrewL
      It will go well soon! Have faith! ?
      2021-02-10
      Reply
      Report
  • SureWinkiat
    ·2021-02-10
    Hold hold hold. 
    Reply
    Report
  • SC2021
    ·2021-02-10
    AMC To HOLLAND! ?
    Reply
    Report
    Fold Replies
    • SC2021
      Moon? Its HOLLAND!
      2021-02-10
      Reply
      Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial