By Brian M. Reiser Shares of AMC Entertainment Holdings (NYSE: AMC) stock were up nearly 9% on Wednesday through late-morning trading. The movie theater chain announced that it plans to have 70% of its U.S.-based theaters open this weekend for the upcoming Labor Day weekend.
COVID-19 has battered the AMC stock, bringing it down over 5% year-to-date, and more than 38% over the past year. But this resilient movie theater chain has been showing signs of life, largely due to the chain beginning to open theaters back up.
The stock may be further bolstered this Labor Day weekend by the release of the highly-anticipated Christopher Nolan …read more
