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AMC Entertainment hits new low as Swift's Eras record not enough to slow stock's decline
AMCAMC(AMC) Proactive Investors·2024-01-11 08:46

AMC Entertainment Holdings (NYSE:AMC) Inc sank 2.6% to a new all-time low of 4.91onWednesday,markingalmosta314.91 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 7.29pershare,takingfundraises intheyearto7.29 per share, taking fundraises in the year to 865 million ...