AMC inventory tumbles after 14th consecutive quarterly loss, fourth straight 12 months within the crimson

AMC Entertainment Holdings Inc. reported a loss for a 14th consecutive quarter and fourth consecutive 12 months Tuesday, and shares fell in after-hours buying and selling.

The movie-theater chain and meme-stock phenomenon topped Wall Street’s decreased targets for the vacation quarter, reporting a web lack of $287.7 million, or 26 cents a share, in contrast with a web lack of 13 cents a share in the identical interval final 12 months. On an adjusted foundation, AMC AMC reported a web lack of 14 cents a share, worse than a lack of 6 cents a share final 12 months. The…