AMC’s stock rallies more than 10% for biggest gain since August

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Shares of AMC Entertainment Holdings rallied 10.9% Tuesday, as the stock registered its biggest daily percentage gain since August.

AMC’s stock
hit an all-time intraday low of $3.60 on Monday and also registered a record closing low of $3.67, the latest in a series of record lows. This was a sharp contrast with the heady days of the meme-stock frenzy, during which AMC shares surged to an all-time closing high of $339.05 on June 2, 2021, according to Dow Jones Market Data.

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