AMC Entertainment hits new low as Swift's Eras record not enough to slow stock's decline

AMC Entertainment Holdings (NYSE:AMC) Inc sank 2.6% to a new all-time low of $4.91 on Wednesday, marking almost a 31% decline over the past month. It came in the same week that the company announced "unprecedented" performance of 'Taylor Swift - The Eras Tour' as it became the highest-grossing concert film in box office history. The film is distributed by AMC's distribution arm. In November the movie theatre chain raised $350 million in November $7.29 per share, taking fundraises in the year to $865 million ...