Why AMC Entertainment Stock Had a Grand 10% Opening This Morning

Shares of movie theater operator AMC Entertainment (NYSE: AMC) jumped in early-morning trading Thursday, after the chain announced the grand reopening of more than 100 of its theaters scheduled for Aug. 20 -- with hundreds more set to reopen in the following weeks.

By 10:35 a.m. EDT, AMC stock had already gained 10.3%.

Image source: Getty Images.

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Source Fool.com