AMC stock on track for longest losing streak in 18 months

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AMC Entertainment Holdings Inc.’s shares fell 2.8% Friday, and are trading around $4.06, putting the stock on track for its lowest close since April 5, when it closed at $4.05, according to Dow Jones Market Data.

Shares of the movie-theater chain and meme-stock darling have given back gains from last week’s rally, with the stock down nearly 18% over seven consecutive days. This marks AMC’s
AMC,
-2.35%

longest losing streak since Jan. 27, 2022, when it fell for 11 straight trading days.

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