AMC stock sheds 7.32% and underperforms competitors

12 articles · Updated · MarketWatch · May 7

Shares closed at $1.52 on Thursday, as the Nasdaq fell 0.13% and the Dow dropped 0.63% in a broadly weak market session.
The decline ended AMC's two-day winning streak. Cinemark fell 0.94% to $27.47, while Marcus rose 1.67% to $18.29.
AMC finished 62.75% below its 52-week high of $4.08 reached on May 27, while trading volume of 40.6 million topped its 50-day average of 30.9 million.

With its historic gains now gone, has the 'meme stock' magic finally run out for AMC and its retail investors?

As rivals thrive, is AMC's staggering debt a fatal handicap in the recovering cinema industry?