AMC’s stock rallies more than 11%, on pace for biggest gain since August

Shares of AMC Entertainment Holdings rallied 11.6% Tuesday, putting the stock on pace for its biggest daily percentage gain since August.

AMC’s
AMC,
+10.76%
stock hit an all-time intraday low of $3.60 Monday and also registered a record closing low of $3.67, the latest in a series of record lows. This was a sharp contrast with the heady days of the meme-stock frenzy, during which AMC shares surged to an all-time closing high of $339.05 on June 2, 2021, according to Dow Jones Market Data.