Alert: Major Price Decline (3/28/24)-AMC Entertainment Holdings Inc (NYSE: AMC).

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AMC Entertainment Holdings Inc (NYSE: AMC) stock suffered a major decline of -14.3% on 3/28/24. The shares closed at $3.72. Moreover, exceptionally high trading volume at 327% of normal accompanied the decline. Relative to the market the stock has been extremely weak over the last nine months and has declined -12.5% during the last week.

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Current PriceTarget Research Rating

AMC’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to be an important Value Eraser.

AMC Entertainment Holdings is currently unrated.

Rating Review

The stock is currently unrated.

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