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AMC Stock Bearish Momentum With A 27% Slide In The Last 10 Sessions

ViaNews Editorial Team

February 14, 2023

AMC Stock Bearish Momentum With A 27% Slide In The Last 10 Sessions

(VIANEWS) - Shares of AMC (NYSE: AMC) slid by a staggering 27.83% in 10 sessions from $6.18 at 2023-02-07, to $4.46 at 12:42 EST on Tuesday, after five sequential sessions in a row of losses. NYSE is falling 0.75% to $15,931.67, after two consecutive sessions in a row of gains.

AMC's last close was $4.68, 86.37% under its 52-week high of $34.33.

About AMC

AMC Entertainment Holdings, Inc., through its subsidiaries, engages in the theatrical exhibition business. The company owns, operates, or has interests in theatres in the United States and Europe. As of March 1, 2022, it operated approximately 950 theatres and 10,600 screens. The company was founded in 1920 and is headquartered in Leawood, Kansas.

Earnings Per Share

As for profitability, AMC has a trailing twelve months EPS of $-39.152.

More news about AMC (AMC).

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ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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