Why AMC Entertainment Stock Is Lighting Up the Market Today
Shares of AMC Entertainment (NYSE: AMC) were running 5% higher in morning trading Tuesday as the latest installment of the Spider-Man franchise obliterated box-office estimates with a $260 million opening weekend.
It was the largest opening for a film in the pandemic era and was second on the all-time list behind Avengers: End Game, which generated $357 million in box office receipts during its 2019 opening weekend.
Image source: Sony Pictures.
Source Fool.com
