AMC Entertainment Is On Track For Blockbuster Results

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ValueWalk

AMC Rides Wave Of Blockbuster Movie OpeningsWhile the movie industry is still a bit shy of regaining its pre-pandemic business levels AMC Entertainment (NYSE:AMC) is on track for a blockbuster quarter. The last few months have seen no end of high-grossing movie openings, and the trend is set to continue. The latest is Disney’s (NYSE:DIS) Thor: Love And Thunder, which amazed critics with its $140+ million opening weekend. What this means for AMC Entertainment and its investors is an opportunity to get into this stock at the lowest levels in over a year and well before the good news is released….

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