AMC Stock Jumps As ‘The Batman’ Helps Drive Q1 Ticket Sales Rebound

Published by
The Street

By Martin Baccardax “Our first quarter was encouraging, our liquidity position remains strong, the film slate is compelling and we’re playing on the offensive as we grow and diversify our business,” said CEO Adam Aron. AMC Entertainment (AMC) – Get AMC Entertainment Holdings, Inc. Class A Report shares jumped higher Tuesday after the movie theatre chain posted a huge increase in first quarter ticket sales thanks in part to success of films such as The Batman” and “Spider-Man: No Way Home”. AMC said revenues for the three months ending in March were pegged at $785.7 million, a more than four-fo…

Read More