Why has AMC stock fallen nearly 100%?

AMC stock has fallen due to decreased ticket sales, a lack of sustained annual profitability since 2018, and broader industry challenges exacerbated by the pandemic.

What is AMC's current financial situation?

AMC has not achieved annual profitability since 2018, despite some recent strong attendance numbers.

Are movie theater stocks recovering?

While some rivals like Cinemark and Imax are profitable, AMC still faces significant financial hurdles despite overall industry attendance showing slight improvements.

Home / Business and Economy / AMC Stock Plummets 99.7% From Peak

AMC Stock Plummets 99.7% From Peak

2 Dec, 2025

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Summary

AMC stock has fallen 99.7% from its summer 2021 peak.
AMC hasn't reported an annual profit since 2018.
Ticket sales in 2025 are 39% lower than in 2019.

AMC Entertainment's stock has suffered a staggering 99.7% loss from its summer 2021 high, marking its fourth consecutive year of decline. While the company reported its strongest weekly attendance of the year during Thanksgiving week with 5.5 million visitors, this surge was insufficient to offset broader financial struggles. The company has not achieved an annual profit since 2018, facing intermittent quarterly successes but lacking sustained positive net income.

The broader movie theater industry also faces significant headwinds. Domestic box office receipts have only marginally increased year-over-year and remain substantially below 2019 figures. Crucially, the number of tickets sold this year is down 39% compared to the first eleven months of 2019. This decline is occurring despite a 23% increase in average admission prices over the past six years, indicating a fundamental shift in audience behavior and market dynamics.

In contrast to AMC, industry peers like Cinemark and Imax have demonstrated successful turnarounds, achieving profitability since 2023 and 2024 respectively. These companies are now in their third year of profitability, underscoring AMC's persistent challenge in returning to sustained financial health. The company's ability to achieve profitability in 2026 will be critical for its battered shareholder base.