AMC Entertainment (AMC) stock is soaring 7.41% in pre-market trading on Tuesday, following an exceptional Memorial Day holiday weekend performance that set multiple revenue records. The cinema giant reported its biggest revenue weekend so far in 2025, demonstrating a strong recovery in the movie theater industry.
According to AMC, over 7 million moviegoers attended AMC and Odeon cinemas from Thursday to Monday, resulting in record-breaking figures for the holiday weekend. The company achieved new highs in admissions revenue, food and beverage revenue, and total revenue. This impressive turnout was driven by the box-office strength of features such as "Lilo & Stitch" and "Mission: Impossible - The Final Reckoning."
While specific financial details were not disclosed, the record-breaking performance has boosted investor confidence in AMC's prospects. As the summer blockbuster season kicks off, this stellar weekend could signal a positive trend for the company, potentially leading to strong financial results for the current quarter. The surge in AMC's stock price reflects the market's optimistic outlook on the cinema chain's ability to attract audiences back to theaters in significant numbers.
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