A great thing happened for theater chains in the midst of dour earnings for the strike-challenged quarter ended in June: Deadpool & Wolverine.
The film, which is setting multiple records, also is inflating exhibition stocks and generating nice Wall Street reviews for a sector that’s been on-and-off shaky since Covid.
Shares of AMC Entertainment, Imax, Cinemark, Marcus all saw gains during the past three or four sessions and are up again today.
The biggest chain globally, AMC Entertainment, said Thursday through Sunday set 2024 records for weekend attendance and admissions revenue in the U.S.
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