AMC stock sinks to pre-‘meme stock’ levels as B. Riley slashes price target by 32%
October 12, 2022 at 17:17 PM EDT
Shares of AMC Entertainment Holdings Inc. extended their selloff toward a 17-month low on Wednesday, after B. Riley analyst Eric Wold slashed his price target on the believe that the post-pandemic box office recovery will be more drawn out that previously forecast.
