AMC, Cinemark theater stocks surge after Pfizer's vaccine news - Business Insider

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AMC is up 80% as movie-theater stocks stocks surge after Pfizer says its COVID-19 vaccine is effective

from the typical 75 days to just 17 days, at which point Universal could make its movies available for digital rental. AMC will receive a portion of the revenue.

Universal is one of the few movie studios to still have releases on the theatrical calendar, including the upcoming Blumhouse thriller, "Freaky." The only tentpole movie still on the calendar this year is "Wonder Woman 1984" from Warner Bros. in December. But for the most part, the calendar for the rest of the year is desolate, as studios have pushed major releases, like Disney's "Black Widow" and Warner Bros.' "Dune," into next year.

Disney is even debuting its Pixar movie "Soul" on its streaming service Disney Plus on Christmas Day.LoadingBy clicking ‘Sign up’, you agree to receive marketing emails from Business Insider as well as other partner offers and accept our

 

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aguilleramirez

Lol what? The movie theatre industry was already dying... and now, during COVID, it's making a return? Stop.

MAKE SCIENCE GREAT AGAIN👩‍🔬 🔬

So why does realDonaldTrump and the GOP accept all the Senate House wins and not the presidential race? They all came in on the same ballots!

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