AMC’s inventory rallies greater than 11%, on tempo for greatest achieve since August

Shares of AMC Entertainment Holdings rallied 11.6% Tuesday, placing the inventory on tempo for its greatest each day share achieve since August.

AMC’s
AMC,
+10.76%
inventory hit an all-time intraday low of $3.60 Monday and likewise registered a document closing low of $3.67, the most recent in a sequence of document lows. This was a pointy distinction with the heady days of the meme-stock frenzy, throughout which AMC shares surged to an all-time closing excessive of $339.05 on June 2, 2021, based on Dow Jones Market Data.