It's not a horrible earnings but a short attack anyway. It's always the same, no matter what news or reports. Positive news does not help Amc which is fuckin weird.
$AMC Entertainment (AMC.US)$ 11 percent down for the day. There's no news, good or bad, that makes the price shoot up. The shorts punished the share price severely already and to close their positions already and move on with another company they can short attack to cents.
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Biden2024 : Yes the shorts attacked with a short attack. That’s how it works
70946801 : It is always same attack after the earnings
71519856 : They print trillion of shares that is impossible for them to allow a breathing to a better value
Association outside the United States believe they have created trillions of fake shares and they probably right , if you see at this time it shouldn’t be any legal share available but they always find a way to trade millions daily , where are these shares coming from ,SEC or ?