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AMC Entertainment Holdings Inc. Stock Underperforms Amid Market Downturn

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Amc Entertainment Holdings Stock Performance

Shares of AMC Entertainment Holdings Inc. Cl A experienced a decline on Wednesday, October 23, 2024, shedding 2.30% to close at $4.24. This drop was part of a broader grim trading session for the stock market.

The stock’s performance has been volatile, with a 52-week range of $2.38 to $11.88. As of the latest trading day, AMC Entertainment Holdings Inc. stock closed at $4.17, reflecting a -0.48% change from its previous close. The stock has also seen an 18% drop since its latest up week.

In addition to the stock performance, AMC Theatres is also undergoing significant developments. The AMC Waterfront 22 theatre is set to receive a multimillion-dollar renovation, with potential additional plans for apartments, hotels, and restaurants in the area.

AMC Entertainment Holdings Inc., through its subsidiaries, engages in the theatrical exhibition business, owning, operating, or having interests in numerous theatres. The company’s market capitalization stands at approximately $1.507 billion, with an average trading volume of 11,561,092 shares).

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