Why AMC Entertainment Holdings Was a Stock Market Star on Friday
While the broader stock market had a downbeat ending on Friday, AMC Entertainment Holdings (NYSE: AMC) stock surged ahead by 6.4%. Investors are clearly expecting a good weekend for the company due to the fresh release of a blockbuster film, which should then continue to drive attendance at movie theaters.
That movie is the long-awaited Tenet, a thriller directed by Christopher Nolan that in any normal year without a frightening global pandemic would be a summer "tentpole" release.
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Source Fool.com