Shares of AMC Entertainment Holdings Inc. are up 5.9% Monday, putting the stock on pace to extend its winning streak to three days, its longest since a four-day streak that ended on Dec. 28, 2023.<\/p>\n
The stock is currently up four of the last five days, and short interest as a percentage of AMC\u2019s Related: <\/strong>AMC\u2019s stock rallies more than 10% for biggest gain since August<\/a><\/p>\n The movie-theater chain and original meme stock has hit a series of record lows recently but rallied last week. On Feb. 6, the stock ended the session up 10.9%, registering<\/a> its biggest single-day percentage gain since Aug. 30, 2023.\u00a0<\/p>\n AMC shares hit a record-low close of $3.67 on Feb. 5, a far cry from the heady days of the meme-stock frenzy, during which the stock surged to an all-time closing high of $339.05 on June 2, 2021, according to Dow Jones Market Data.<\/p>\n Related:<\/strong> AMC\u2019s bonds find buyers while original meme stock slides<\/a><\/p>\n Last month, AMC Chief Executive Adam Aron\u00a0described<\/a>\u00a0the recent decline in the company\u2019s share price as \u201cso frustrating.\u201d<\/p>\n AMC shares have fallen 88.8% in the last 52 weeks, compared with the S&P 500 index\u2019s
\n AMC,
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\n public float of shares is 10.9%.<\/p>\n
\n SPX<\/a>
\n gain of 21.4%.<\/p>\n<\/p><\/div>\n<\/div>\n