Why AMC Entertainment Stock Got Mashed on Monday
Many an investor eye was on the holiday weekend, a crucial stretch for movie exhibitors.Investors were hardly amused by AMC Entertainment Holdings's (AMC 4.29%) stock performance on the first trading day of the week. The major cinema company saw its share price shrivel by more than 4%, following a relatively weak holiday weekend.A turkey of a weekendIn the movie exhibition business, weekends are crucial, as they are when many people have the time and inclination to go to cinemas. Holiday weekends are even m ...