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%.