Published: Aug. 23, 2023 at 5:25 p.m. ET
Shares of AMC Entertainment Holdings Inc. Cl A AMC plunged 12.89% to $1.96 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.59% to 13,721.03 and the Dow Jones Industrial Average DJIA rising 0.54% to 34,472.98.
This was the stock’s third consecutive day of losses.
AMC…
Shares of AMC Entertainment Holdings Inc. Cl A
AMC
plunged 12.89% to $1.96 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index
COMP
rising 1.59% to 13,721.03 and the Dow Jones Industrial Average
DJIA
rising 0.54% to 34,472.98.
This was the stock’s third consecutive day of losses.
AMC Entertainment Holdings Inc. Cl A closed $7.53 short of its 52-week high ($9.49), which the company achieved on September 12th.
The stock underperformed when compared to some of its competitors Wednesday, as Cinemark Holdings Inc.
CNK
fell 1.86% to $16.93 and Marcus Corp.
MCS
rose 0.06% to $15.67.
Trading volume (197.4 M) eclipsed its 50-day average volume of 42.8 M.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
