AMC Stock Soars Again After Big "Black Panther"

Dow Jones2022-11-14

AMC Entertainment Holdings Inc. said Monday that more than 4.9 million people went to its movie theaters over the Thursday-to-Sunday weekend, making it he fourth-highest attended weekend of 2022.

The company said its weekend box office performance was driven primarily by the opening of Marvel's "Black Panther: Wakanda Forever," which took in $180 million over the weekend, according to estimates from The Walt Disney Co. , as the Associated Press reported.

AMC's "meme" stock surged 11.81% in premarket trading, after rocketing 38.7% over the past two sessions.

Meanwhile, shares of fellow movie theater operator Cinemark Holdings Inc. fell 0.2% premarket, after saying "Black Panther: Wakanda Forever" was its biggest-ever opening weekend for a November release.

And Imax Corp.'s stock shed 1.0% premarket, after the theater operator said it took in $22.6 million from the movie's opening weekend, with the movie scoring the biggest IMAX November opening weekend ever in 26 markets.

The stocks' moves come as futures for the S&P 500 slipped 0.2%.

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Comments

tigernaut
2022-11-15
tigernaut
👍
jjshlq
2022-11-15
jjshlq
[微笑]
busy bee
2022-11-15
busy bee
Ok
andrew123
2022-11-15
andrew123
Great
Cheryi
2022-11-15
Cheryi
Ok
- AshleyKinson:
  okok
- Cheryi:
  ok
股惑仔79
2022-11-14
股惑仔79
[What]

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