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Why AMC Entertainment Stock Plunged 11% at the Open Today

Why AMC Entertainment Stock Plunged 11% at the Open Today

There didn't appear to be any material news out of the company, but that didn't stop investors from taking in the bigger picture shaping up in the movie space, and deciding that the outlook is troubling. The first big headwind for AMC today is that, despite reopening, there doesn't appear to be much desire among U.S. audiences to head to the movies.