From Dow Jones & Company:

AMC Entertainment Holdings Inc. sees its stock dropping 3.1% on Tuesday, hitting a record-low close. Trading at $5.13, the stock has fallen to its lowest point since January 5th. Following a five-day losing streak, the stock has seen a drop in meme-stock status, plummeting 85.7% over the past year. AMC’s decline stands in stark contrast to its all-time high of $339.05 just last year. Meanwhile, AMC’s CEO expressed gratitude to Taylor Swift after the singer’s concert film, distributed by AMC, made history as the highest-grossing concert and documentary film, grossing over $261.6 million globally.



Read more: Original meme stock AMC on pace for another record-low close