The stock is down 2.7% this morning, but it’s still up more than 20% from a week ago.
That’s because the stock was already at record highs on Friday when investors were expecting the company to report earnings.
Amex’s stock price dropped by more than 10% yesterday, and the company has already seen a decline of over 15% since its IPO in February.
The company has also faced a barrage of criticism from some analysts, who have called the stock a “gift from the devil.”
Amex’s shares have plunged since the company launched its IPO on April 6, 2017.
Amex shares have been trading around $20 per share for years.