$AMC Entertainment(AMC.US)$ shares are trading higher following a strong opening box office performance of 'Spider-Man: No Way Home.'
AMC's stock was trading about 16.52% higher at $28.49 per share on Friday at the time of publication. The stock has a 52-week high of $72.62 and a 52-week low of $1.91.
The movie, which opened last night at AMC Theatres across the United States, was the single highest-grossing movie title on its opening night in AMC's history, for a movie opening in the month of December, said in the company's press release.
Approximately 1.1 million people attended Spider-Man at a U.S. AMC theatre yesterday, also said in the press release.
AMC Entertainment, through its subsidiaries, is involved in the theatrical exhibition business. The company owns, operates, or has interests in theatres.
Comment(5)
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Good
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