Entertainment

AMC Entertainment Holdings Inc. Cl-A stock outperforms peers despite daily losses

Published: May 26, 2023 at 4:36 pm ET

Shares of AMC Entertainment Holdings Inc. Cl A AMC tumbled 1.28% to $4.64 on Friday in what proved an all-around bullish trading day for the stock market, with the NASDAQ Composite Index COMP down 2.19% up to 12,975.69 and the Dow Jones Industrial Average DJIA up 1.00% to 33,093.34.

This was the fourth straight day of losses for the stock.

AMC…

Shares of AMC Entertainment Holdings Inc. Cl A AMC tumbled 1.28% to $4.64 on Friday in what proved an all-around bullish trading day for the stock market, with the NASDAQ Composite Index COMP down 2.19% up to 12,975.69 and the Dow Jones Industrial Average DJIA up 1.00% to 33,093.34.

This was the fourth straight day of losses for the stock.

AMC Entertainment Holdings Inc. Cl A closed $12.25 below its 52-week high ($16.89) set by the company on Aug. 8.

Compared to some of its peers, the stock had a mixed performance on Friday: Cinemark Holdings Inc. CNK fell 1.49% to $16.56 and Marcus Corp. MCS fell 1.02% to $15.52.

Trading volume (11.6 million) remained 13.5 million below its 50-day moving average of 25.1 million.

Editor’s Note: This story was automatically generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our Market Data Terms of Use.

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