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AMC Entertainment Holdings Inc. Cl A shares underperform rivals on Tuesday

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Posted: May 2, 2023 4:36pm EST

Shares of AMC Entertainment Holdings Inc. Class A AMC fell 2.65% to $5.50 on Tuesday in what proved to be a broad session for stocks, with the Nasdaq Composite down 1.08% to 12,080.51 and the Dow Jones Industrial Average down 1.08%. to 33,684.53 points.

The stock’s decline snapped a five-day winning streak.

Asset management company…

AMC Entertainment Holdings Inc. Stock Class A

asset management company

The Nasdaq Composite fell 2.65% to $5.50 on Tuesday, proving to be a broad session for the stock market

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down 1.08% to 12,080.51 and the Dow Jones Industrial Average

Dow

It fell 1.08% to 33,684.53.

The stock’s decline snapped a five-day winning streak.

AMC Entertainment Holdings Inc. Cl A closed $11.39 below the company’s Aug. 8 52-week high of $16.89.

On Tuesday, the stock underperformed compared with some competitors, including Cinemark Holdings Inc.

CNK

Down 1.58 percent to $16.83, Marcus Corp.

Control System

It fell 0.11 percent to $17.57.

Transaction volume (16.1 million) was still below its 50-day average of 35 million transactions at 18.8 million.

Editor’s note: This story was automatically generated Automation Insightsan automated technology provider, uses data from Dow Jones and FactSet. Please see our Market Data Terms of Use.

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