AMC Stock Surge High As The Company Eyes 70% Theater Reopening

AMC-Stock-Surge-High-As-The-Company-Eyes-70%-Theater-Reopening

On Tuesday, AMC Entertainment jumped in after-market trading session as the venture said 70% of its theatres would reopen, resuming all operation this weekend.

The company shares soared 12% high, with huge reopening scheduled for Thursday. Seven theatres are predicted to open around San Diego on Friday.

Meanwhile, the firm’s CEO, Adam Aron, said that the guests returning to the theatres had exceeded the organisation’s prediction during the first two weeks of operations.

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