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StockNews.com
StockNews.com
Business
Pragya Pandey

Here's Why You Should Avoid AMC After its CEO Sold Shares

AMC Entertainment Holdings Inc. (AMC) is the world's largest movie exhibition company, with approximately 950 theaters and 10,500 screens across the globe. The company's shares have soared 843.6% over the past year amid a meme stock frenzy.

However, the stock has plunged 48.7% over the past three months and 16% over the past month, closing the last trading session at $20.57. In addition, it is currently trading 71.7% below its 52-week high.

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