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

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Posted: May 31, 2023 4:36pm EST

Shares of AMC Entertainment Holdings Inc. AMC fell 2.81% to $4.50 on Wednesday in what proved to be an all-around bad day for stocks, with the Nasdaq Composite down 0.63% to 12,935.29 and the Dow Jones Industrial Average down 0.41. % to 32,908.27 points.

It was the stock’s sixth straight day of losses.

Asset management company…

AMC Entertainment Holdings Inc. Stock Class A

asset management company

The Nasdaq Composite fell 2.81% to $4.50 on Wednesday, proving to be an all-around bad day for stocks

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down 0.63% to 12,935.29 and the Dow Jones Industrial Average

Dow

It fell 0.41% to 32,908.27.

It was the stock’s sixth straight day of losses.

AMC Entertainment Holdings Inc. Cl A closed $12.39 below the company’s Aug. 8 52-week high of $16.89.

The stock underperformed some of its rivals on Wednesday, as Cinemark Holdings Inc.

CNK

down 0.44 percent to $16.01, Marcus Corp.

Control System

It rose 1.13 percent to $15.28.

Transaction volume (13.2 million) was still below its 50-day average of 24.5 million transactions at 11.3 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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