From Dow Jones & Company, Inc.:

AMC Entertainment Holdings Inc. is on pace for another record-low close, extending its two-day losing streak. The movie-theater chain and original meme stock is down 1.9% and trading at around $4.95, which would be an all-time low. This reflects the demise of the movie-theater chain’s meme-stock status. AMC’s stock is down 88.61% in the last 52 weeks. On Sunday, AMC Chief Executive Adam Aron expressed the movie-theater chain’s “eternal gratitude” to Taylor Swift after the singer-songwriter’s concert film broke another record. Variety reported that “Taylor Swift: The Eras Tour” has earned more than $261.6 million globally, making it the highest-grossing concert and documentary film in history.



Read more: AMC on pace for another record-low close, set to extend losing streak