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AMC Entertainment tanks again and approaches 52-week low price.

$AMC Entertainment(AMC.US)$ Shares of AMC dropped a further 10.28% and closed the trading session at $10.39. It was another tumultuous day for US markets as all three major indices were trading lower for most of the day.

The stock was down by 7.26% as $GameStop(GME.US)$ also edges closer to its 52-week low price. The wallet did not seem to resonate with investors, particularly in an environment where cryptocurrencies and NFTs find themselves entering a bear market.

It has been more than a year since the Reddit meme stock short squeezes ended and yet the SEC is still handing out penalties.
AMC Entertainment tanks again and approaches 52-week low price.
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