AMC Entertainment Group (NYSE: AMC) was crushed at the pandemic onset when all its theaters were forced to close temporarily. The movie theater company relies on bringing large groups together in person, so an outbreak of a potentially deadly virus will understandably lower attendance. In another round of good news, studios are once again releasing blockbuster films to the big screen after pausing releases during lockdowns.
AMC Entertainment (AMC) closed at $20.57 in the latest trading session, marking a -0.44% move from the prior day.
After a few weeks of Spider-Man domination, the box office's next success story might be 'Scream.'