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Down Nearly 30% in 1 Month, AMC Is Still Not a Buy

Parkev Tatevosian, The Motley Fool
·4-min read
Down Nearly 30% in 1 Month, AMC Is Still Not a Buy

AMC Entertainment Group (NYSE: AMC) has seen its stock price fall more than 30% in the last month. AMC was catapulted to fame when a group of traders got together and encouraged each other to buy and hold its shares. Movie theaters were experiencing decreasing attendance even before the pandemic.

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