AMC Entertainment (AMC) Stock Just Hit a 52-Week Low
AMCAMC(AMC) InvestorPlace·2024-02-06 01:32

AMC Entertainment (NYSE:AMC) stock is plunging lower today, reaching a new 52-week and all-time low of $3.63 per share during intraday trading. One of the factors contributing to the price action is the weak 2024 box office caused by the lingering effects of the 2023 Writers Guild of America strike.According to CEO Adam Aron:Media scoffed at my Embiid tweet, but it's all true. AMC's share price is so frustrating. The 2023 actors/writers strikes have ruined the early 2024 box office. Almost all I think about ...