AMC Entertainment Holdings Inc. shares rose. rose 2% on Friday, putting the stock on track to snap a four-day rally in which it rose 7.8%.
Shares of the original movie theater chain hit a series of record lows recently and ended Thursday's session at an all-time closing low of $4.08.
Related: AMC CEO bemoans 'painful' stock decline amid 'ridiculously anemic' box office.
This is a far cry from the highs of the meme stock craze, when the company's shares reached an all-time closing high of $339.05 on June 2, 2021, according to Dow Jones Market Data.
AMC's recent market performance reflects the demise of the movie theater chain's stock status.
Related: Stocktwits says 'jaded' investors are contributing to the decline in AMC stock
Earlier this week, AMC CEO Adam Aron called the recent decline in the company's stock “painful” and pointed to the ongoing impact of the coronavirus (COVID-19) pandemic on the movie industry.
AMC shares are down 91.4% over the past 52 weeks, compared to the S&P 500's SPX gain of 20.1%.
