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Benzinga
Benzinga
Business
Tyler Bundy

AMC Looks Bearish As It Trends Lower; Bulls Waiting For Indications Of A Reversal

AMC AMC Entertainment Holdings Inc. NYSE

AMC Entertainment Holdings Inc. (NYSE:AMC) shares are trading lower Tuesday, having fallen below support in what technical traders call a pennant pattern. The stock has been trending on social media sites throughout the day as shares are seeing a strong down day, dropping over 10%.

AMC was down 10.57% at $18.40 at the time of publication.

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