AMC Entertainment Holdings Inc (NYSE:AMC) shares are trading lower, pulling back following a strong box office performance from ‘Spider-Man: No Way Home’ which lifted the stock at the end of 2021. AMC’s move lower Tuesday also appears to be driven by growing COVID-19 concerns, as the omicron variant has caused uncertainty in reopening sectors.
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AMC is involved in the theatrical exhibition business. It owns, operates or has interests in theatres located in the United States and Europe.
AMC has a 52-week high of $72.62 and a 52-week low of $1.91.