AMC Ent. Shares Surge 18% On Monster Box Office; Broader Market Buoyant On Jobs, Economic Recovery

📆 05/04/2021 21:01:00
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AMC Ent. Shares Surge 18% On Monster Box Office; Broad Market Buoyant On Jobs, Economic Recovery

$285 million global box office that “destroys lingering concerns around theatrical window importance and demonstrates a solid path to resurgence,” according to one Wall Street analyst.

Imax, Cinemark and National CineMedia also popped, up 4%, 5.2% and 2.9% respectively. Marcus nosed up 4.2%. Imax in North America contributed $4.5million in domestic box office revenues, or 9.3% of the film’s overall opening weekend performance, from well under 1% of screens.

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