AMC Stock Could Really Start Turning Around If It Breaks This Key Level

AMC Stock Could Really Start Turning Around If It Breaks This Key Level
The AMC Metreon 16 theaters in San Francisco, on Aug. 10, 2021. Justin Sullivan/Getty Images
|Updated:

AMC Entertainment Holdings Inc. shares are trading higher Tuesday after the company announced preliminary fourth-quarter financial results.

AMC reported preliminary quarterly revenue of $1.1716 billion, which is above the Street estimate of $1.09 billion and up from $162.5 million year-over-year.