AMC Stock Jumps Nearly 20% on Super Mario Box Office Boost, but Debt Still Looms
AMC Entertainment shares surged nearly 20% Friday after the chain reported record Easter weekend revenue, with more than 6 million visitors and strong results from “The Super Mario Galaxy Movie.” By midday, AMC traded at $1.93, up $0.32. Cinemark and Marcus also posted their best-ever Easter five-day box office. Despite the rally, AMC stock remains far below its 52-week high of $4.08.