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.](https://ussnsimg.moomoo.com/1653554936276-70042926-android-org.png/bigmoo)
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BAG FINDER GENERAL : This would be a really informative article had AMC not just had a gain of 14%. What a pointless piece of writing given that AMC is currently at 11.880.....
cw-dream-vacations : hahaha.
Jodom_Jay OP BAG FINDER GENERAL : I'm not sure what you're talking about.
Jodom_Jay OP cw-dream-vacations :![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
BAG FINDER GENERAL Jodom_Jay OP : You posted a load of out of date Information which is completely irrelevant....