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Benzinga

Business

Henry Khederian

AMC Entertainment Stock Slides Monday: What's Going On?

AMC AMC Entertainment Entertainment Michael Burry Roaring Kitty AMC Entertainment Holdings Inc GameStop Corp

AMC Entertainment Holdings Inc.

AMC Entertainment Holdings Inc (NYSE:AMC) shares are trading lower Monday morning. The stock is trending heavily on social platforms, appearing to trend alongside GameStop Corp, which has seen renewed retail interest following resurfaced 2019 correspondence between investor Michael Burry and “Roaring Kitty“.

AMC is feeling the pressure from bearish momentum. Review the technical setup here.

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