Movie Theaters Suffer Second-Worst Thanksgiving Weekend Since 1997
Investors hoping for an announcement about strong Thanksgiving weekend movie attendance were sorely disappointed on Monday. AMC Entertainment Holdings (NYSE: AMC) was quick to tout the industry's best weekend since the pandemic took hold following the mid-October dual debut of No Time to Die and Venom: Let There Be Carnage, but no such news surfaced after what was a four-day weekend for many.
That's because ticket sales essentially stunk during what's usually a boon for the business.
Source Fool.com