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AMC stock set to snap 4-week win streak

·1 min read
AMC stock set to snap 4-week win streak

Shares of AMC Entertainment Holdings Inc. fell 2.5% in premarket trading Friday, which puts the meme stock on track to snap a four-week win streak in which it rocketed nearly fivefold. The movie theater chain's stock has lost 4.3% so far this week, after soaring 390.6% over the previous four weeks. During the weekly win streak, the stock had closed at a record $62.55 on June 2. Among other meme stocks, GameStop Corp. rose 1.1% in premarket trading Friday, which would put it on track to snap a tw