AMC Entertainment shares slump to two-week low

Shares of theater chain AMC Entertainment AMC.N drop 2.6% to $1.50

Stock briefly hit more than a two-week low and is set for a second straight day of declines, if losses hold

Bloomberg News reported late on Friday that co entered talks with bondholders, leading to some weakness in its bonds

AMC's 2029 maturity bond US00165CBA18=TE fell more than 3 cents on the dollar on Monday, according to Tradeweb data

Shares down more than 99% from their May 2021 highs, which was the peak of the "meme stock" frenzy

Including session's loss, AMC down more than 3% YTD after falling close to 61% in 2025