AMC Entertainment Holdings Inc. shares ended Friday's session down 3%, continuing the stock's record declines and extending its losing streak to four days.
The chip is AMC's AMC,
The longest since a five-day losing streak that ended on January 5. AMC stock, which ended the session at $4.56, has hit a string of record-low closes recently and ended Thursday's session at an all-time low of $4.70. The stock's recent performance reflects the demise of the movie and theater chain's stock status.
Related: AMC stock hit another record low, extending its losing streak to three days
The company's shares have fallen more than 98% from their all-time closing high of $339.05 on June 2, 2021, according to Dow Jones Market Data, based on available data dating back to December 18, 2013.
Three years ago, AMC went from beleaguered pandemic victim to meme phenomenon. Buoyed by the WallStreetBets crowd on Reddit, AMC used a sharp rise in its stock price to capitalize on equity and debt markets, raising $917 million in January 2021.
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The stock is currently down nine of the past 10 days and is down more than 12% during its four-day losing streak, according to Dow Jones Market Data.
AMC stock is down 89.8% over the past 52 weeks, compared to the S&P 500's SPX gain of 19.6%.
