Why AMC Entertainment Shares Were Up 11.6% on Monday
Shares of AMC Entertainment Holdings (NYSE: AMC) were up as much as 14.9% on Monday as more good news about COVID-19 vaccines came out. At the close of the market, shares were up 13.3% for the day.
AstraZeneca was the latest company to release data showing that its COVID-19 vaccine is highly effective. This follows Pfizer and Moderna announcing data in the last few weeks. On top of that, the government's Operation Warp Speed recently said that it could start administering the vaccine to people as early as Dec. 11.
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Source Fool.com
