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AMC Stock Popped During Memorial Day. Can It Maintain That Momentum?

AMC Entertainment (AMC -0.30%) share prices popped after the company saw a record Memorial Day weekend, and investors got excited about the prospects of a strong summer movie season ahead. However, the stock is still very beaten down, with shares trading down roughly 31% over the past year as of this writing and down almost 90% over the past five years. AMC has made a lot of strides since the pandemic, when movie attendance collapsed. However, with movie theater attendance still well below pre-pandemic leve ...