Macquarie downgrades AMC on poor box office, predicts 80% stock decline

Published Wed, Sep 1 20217:33 AM EDTUpdated Wed, Sep 1 202110:10 AM EDT

Jesse Pound @/in/jesse-pound @jesserpound

Pedestrians pass in front of an AMC theater in New York.

Scott Mlyn | CNBC

A meager recovery for the U.S. movie theater industry should take some of the momentum away from AMC Entertainment's comeback story, according to investment firm Macquarie.

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