Billionaire Buys AMC Stock Near 52-Week Lows As Avatar Brings Box Office Back To Life

Moviegoers are showing up again. Investors, not so much. Shares of AMC Entertainment Holdings Inc (NYSE:AMC) are down more than 50% year to date, trading around $1.75 — just off 52-week lows — even as the company posts its strongest pre-Christmas weekend since 2021. Attendance surged on the back of “Avatar: Fire and Ash,” with more than four million customers visiting AMC and ODEON locations globally.Track AMC stock here.The disconnect hasn't gone unnoticed.Read Also: AMC Entertainment Stock Hits A New All- ...