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.

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Source Fool.com