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Coronavirus Cases Are Declining: Why That's Good News for AMC Stock

Coronavirus Cases Are Declining: Why That's Good News for AMC Stock

The coronavirus pandemic devastated AMC Entertainment Group's (NYSE: AMC) business. At the onset, it had to shut its doors to moviegoers for months. To earn revenue, the company brings together large groups of people to watch a movie indoors -- the kind of activity that could encourage the spread of COVID-19.