AMC and Cinemark Shares Surge Amid Record Thanksgiving Attendance

1 min read
Source: Benzinga
AMC and Cinemark Shares Surge Amid Record Thanksgiving Attendance
Photo: Benzinga
TL;DR Summary

AMC Entertainment shares rose after the company reported record-breaking attendance and revenue during the Thanksgiving holiday period. Over 8 million moviegoers visited AMC theaters, driven by strong performances from films like "Moana 2," "Wicked," and "Gladiator II." This surge led to the highest attendance and revenue figures for Thanksgiving and Black Friday in AMC's history, boosting investor confidence and increasing the stock price by 3.54%.

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