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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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  • tigernaut
    ·2022-11-15
    👍
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  • busy bee
    ·2022-11-15
    Ok
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  • andrew123
    ·2022-11-15
    Great
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  • Cheryi
    ·2022-11-15
    Ok
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  • 股惑仔79
    ·2022-11-14
    [What] 
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  • kengl
    ·2022-11-14
    Good
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  • MJL88
    ·2022-11-14
    As I shared weeks ago. AMC is worth holding shares. Scoop as much as can when the price is lower than $10. Good luck 
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    • MJL88
      [Cool]
      2022-11-15
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    • AnthonyC
      Lets remain convicted
      2022-11-15
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    • MJL88
      As long lower than $10 can be bought. I bought lower at $3+ before the Covid n AMC hit big whenever no one expected the price to shoot to almost $100 at one point. I make a huge sum. Some big wins will come one day. This is from my own research btw
      2022-11-15
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  • wine18
    ·2022-11-14
    Ok
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    • Xian789
      ok 😁
      2022-11-15
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  • Disiaosiao
    ·2022-11-14
    Tiger is a app full of lousy analysts and writers. Amc soar Becos of amc tokens found on FTX. These r naked shorts passed on by shitadel to FTX 
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    • Disiaosiao
      Yeah but as an exchange it has posted many negative views on the meme stocks. F them
      2022-11-14
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    • Nanamoney
      All has own views ! For reading and reference only. Importantly own judgement and dd within means
      2022-11-14
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  • Huatge68
    ·2022-11-14
    Wow 
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  • JcJc
    ·2022-11-14
    Good
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